"Charlotte, NC - LendingTree's charismatic CEO and founder, Doug Lebda, has died in a devastating ATV accident at the age of 55. The tragic incident has sent shockwaves through the financial community and beyond, with tributes pouring in from local leaders and business associates.
Lebda, a Pennsylvania native, founded LendingTree in 1996 with a vision to simplify the financial services landscape and empower consumers. Under his leadership, the company grew into one of Charlotte's most prominent financial institutions, generating $900 million in revenue in 2024 and employing nearly 1,000 people.
"Doug was a visionary leader whose relentless drive, innovation and passion transformed the financial services landscape, touching the lives of millions of consumers," LendingTree said in a statement, echoing the sentiments of former Charlotte Mayor and Gov. Pat McCrory, who hailed Lebda as "a true friend and a North Carolina treasure."
As LendingTree's president and COO, Scott Peyree, takes the reins, the company is set to navigate a period of transition and mourning. "The LendingTree family is absolutely heartbroken," the company said in a statement, as colleagues and friends struggle to come to terms with the loss of their leader.
Lebda's legacy extends far beyond his business achievements, with his commitment to community development and philanthropy making a lasting impact on the city of Charlotte. In 2024, he made a $500,000 donation to Atrium Health to support rural health care, a testament to his dedication to giving back.
As the financial community mourns the loss of a true pioneer, one thing is clear: Doug Lebda's impact will be felt for years to come.
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LendingTree CEO Doug Lebda Died in ATV Accident, Company Says

LendingTree CEO and Chairman Doug Lebda was killed in an ATV accident on Sunday, Oct. 12.(WBTV)
This article was generated with AI assistance and may contain errors. Readers are encouraged to verify information independently.
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