LendingTree Announces Director & Officer Changes, Compensation Updates
Ticker: TREE · Form: 8-K · Filed: Jan 13, 2025 · CIK: 1434621
| Field | Detail |
|---|---|
| Company | Lendingtree, Inc. (TREE) |
| Form Type | 8-K |
| Filed Date | Jan 13, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $750,000, $800,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
LendingTree shakes up board, adjusts exec pay - watch for new strategy.
AI Summary
LendingTree, Inc. announced on January 8, 2025, changes related to its board of directors and executive compensation. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific details on the individuals involved and the financial implications of these compensatory arrangements are outlined within the report.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can indicate internal shifts that may affect the company's future direction and financial performance.
Key Numbers
- 704-541-5351 — Telephone Number (Registrant's principal executive offices)
Key Players & Entities
- LendingTree, Inc. (company) — Registrant
- January 8, 2025 (date) — Date of earliest event reported
- 1415 Vantage Park Dr., Suite 700, Charlotte, NC 28203 (address) — Principal executive offices
- Tree.com, Inc. (company) — Former company name
- 001-34063 (other) — SEC File Number
FAQ
What specific roles have been affected by the departure of officers or directors?
The filing indicates the departure of certain officers and directors, but the specific roles are detailed within the full report.
When was the date of the earliest event reported in this 8-K?
The date of the earliest event reported is January 8, 2025.
What is LendingTree, Inc.'s principal executive office address?
LendingTree, Inc.'s principal executive office is located at 1415 Vantage Park Dr., Suite 700, Charlotte, NC 28203.
What is the SEC File Number for LendingTree, Inc.?
The SEC File Number for LendingTree, Inc. is 001-34063.
What was LendingTree, Inc.'s former company name?
LendingTree, Inc.'s former company name was Tree.com, Inc.
Filing Stats: 445 words · 2 min read · ~1 pages · Grade level 12 · Accepted 2025-01-13 17:25:06
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share TREE The Nasdaq
- $750,000 — o increase Mr. Lebda's base salary from $750,000 to $800,000. No other changes were made
- $800,000 — r. Lebda's base salary from $750,000 to $800,000. No other changes were made to the Empl
Filing Documents
- lendingtree_8k.htm (8-K) — 26KB
- 0001683168-25-000295.txt ( ) — 196KB
- tree-20250108.xsd (EX-101.SCH) — 3KB
- tree-20250108_lab.xml (EX-101.LAB) — 33KB
- tree-20250108_pre.xml (EX-101.PRE) — 24KB
- lendingtree_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 8, 2025, the Compensation Committee of our Board of Directors approved an employment agreement amendment with Douglas R. Lebda, our Chairman and Chief Executive Officer, extending the term of the Employment Agreement with Mr. Lebda dated as of November 30, 2020 (as amended, the "Employment Agreement") to continue until December 31, 2025 and to increase Mr. Lebda's base salary from $750,000 to $800,000. No other changes were made to the Employment Agreement. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 13, 2025 LENDINGTREE, INC. By: /s/ Heather Enlow-Novitsky Heather Enlow-Novitsky Corporate Secretary 3