Shar Dubey

Last updated
Shar Dubey
201912-Match-1211 B CROPPED (3).jpg
Born
Sharmistha Dubey

1970 (age 5354)
NationalityAmerican
Alma mater Indian Institute of Technology, Kharagpur
Ohio State University
Title
Predecessor Mandy Ginsberg

Sharmistha Dubey is an Indian-born American business executive. She was the chief executive officer (CEO) of Match Group from March 2020 to May 2022. [1] [2] [3] [4] Dubey joined Match Group in 2006. [5] Dubey also serves on the Board of Directors of Match Group and Fortive Corporation. [6]

Contents

Biography

Dubey grew up in Jamshedpur and did her schooling from Loyola School. [7] She earned a bachelor's degree in engineering from Indian Institute of Technology(IIT) Kharagpur in 1993. She was the only woman metallurgical engineer that year and Sundar Pichai was a classmate, [7] and said she almost quit in her first week. [8] After graduation, Dubey returned to her hometown and worked for a steel company for a year, before saving up enough money to attend Ohio State University. [9] Dubey later obtained an MS from Ohio State University. [10] [11] [12]

Dubey is married to Partha [7] and has one daughter. [13]

Career

Dubey began her career in 1998, as an engineer for Texas Instruments, before joining supply chain management software company i2 technologies.[ citation needed ] Dubey joined Match.com in 2006, serving in multiple roles like president of Match Group Americas, chief product officer of Match and chief product officer and EVP of The Princeton Review. [5] [11] Dubey additionally served as EVP for Tutor.com from 2013 to 2014. [12]

Dubey was appointed Chief Operating Officer (COO) of Tinder in 2017,[ citation needed ] led the launch of Tinder Gold which established Tinder as the highest grossing non-gaming app globally. [14] [15] [16] [17] On January 1, 2018, Dubey was appointed President of Match Group [18] and joined its board of directors in 2019. [19] [20]

On March 1, 2020, Dubey was promoted to CEO, succeeding Mandy Ginsberg who stepped down for personal reasons. [21] [22] [23] [24] Dubey began her tenure as CEO for Match Group just as the COVID-19 pandemic was hitting the US and three months before the company spun off from IAC. [4] In an email dated May 2020, Dubey and Match Group reported that engagement was up for all brands, despite the pandemic, due in part to video dating offerings. [25] [26]

As of February 2020, when Dubey became CEO, 30% of adults in the US used online dating, up from 11% in 2013, according to Pew Research Center report. [27]

In August 2020, Fortive Corporation announced the appointment of Shar to its board of directors. [6]

In May 2022, Dubey stepped down as CEO of Match Group and was replaced by Bernard Kim (previously from Zynga). [28] Dubey remained a director of Match Group.

Activism

On September 1, 2021, the Texas Heartbeat Act went into effect. Previously, the Supreme Court of the United States denied a motion to block enforcement in a 5–4 vote. Dubey announced that she would be creating a fund to assist Texas-based employees and their dependents who were impacted by the legislation stating that "I personally, as a woman in Texas, could not keep silent" and "I am shocked that I now live in a state where women's reproductive laws are more regressive than most of the world, including India." She indicated that the fund would cover expenses for those who needed to seek care outside of Texas. [29] [30] She made clear that this was a personal fund, and not on behalf of Match Group [8]

Related Research Articles

Dotdash Meredith is an American digital media company based in New York City. The company publishes online articles and videos about various subjects across categories including health, home, food, finance, tech, beauty, lifestyle, travel, and education. It operates brands including Verywell, Investopedia, People, The Balance, Byrdie, MyDomaine, Brides, The Spruce, Simply Recipes, Serious Eats, Liquor.com, Lifewire, TripSavvy, TreeHugger, and ThoughtCo. In August 2012, About.com became a property of IAC, owner of Ask.com and numerous other online brands, and its revenue is generated by advertising. In addition to its Manhattan headquarters, Dotdash Meredith maintains offices elsewhere in the New York metropolitan area, as well as in Des Moines, Iowa, and Birmingham, Alabama.

<span class="mw-page-title-main">OkCupid</span> American online dating service

OkCupid is a U.S.-based, internationally operating online dating, friendship, and formerly also a social networking website and application. It features multiple-choice questions to match members. Registration is free. OkCupid is owned by Match Group, which also owns Tinder, Hinge, Plenty of Fish, and many other popular dating apps and sites.

Match is an online dating service with headquarters are in Dallas, Texas. The company has offices in Dallas, West Hollywood, San Francisco, Tokyo, Rio de Janeiro, and Beijing. Match is owned by Match Group, which owns several online dating services.

Andrey Andreev is a multinational tech entrepreneur. He is known for founding the dating and social networking apps Bumble and Badoo, amongst others. In 2019, Andreev sold the apps' holding company, MagicLab, to Blackstone at a $3 billion valuation. In 2020, he founded social audio app Stereo. His previous ventures include SpyLog, Begun, and Mamba.

Tutor.com is an online tutoring company founded in 1998 that connects students to tutors in online classrooms. Since 2022, the company has been owned by Primavera Capital Group.

<span class="mw-page-title-main">Doug Leeds</span>

Doug Leeds, is the Chief Executive Officer of IAC Publishing, a digital media operating group launched on December 9, 2015, by media and Internet conglomerate IAC. The single digital media publisher reaches 100 million monthly uniques according to comScore October 2015 numbers and includes publishing brands About.com, The Daily Beast, Investopedia and Dictionary.com. Digital publishing is one of four key areas of strategic focus for IAC, as Leeds noted to the WSJ, saying that "bringing the sites under one umbrella will allow IAC to combine their strengths". Leeds previously held the title of Ask.com CEO since 2010.

Sam Yagan is an American Internet entrepreneur best known as the co-founder of OkCupid. In 2013, he was named to TIME Magazine's '100 Most Influential People in the World' list. He is the Vice-Chairman of the e-dating site Match.com.

<span class="mw-page-title-main">Tinder (app)</span> American online dating app

Tinder is an online dating and geosocial networking application launched in 2012. On Tinder, users "swipe right" to like or "swipe left" to dislike other users' profiles, which include their photos, a short bio, and some of their interests. Tinder uses a "double opt-in" system, also called "matching", where two users must like each other before they can exchange messages.

<span class="mw-page-title-main">Sean Rad</span> American entrepreneur (born 1986)

Sean Rad is an American entrepreneur and Founder of the dating app Tinder. Rad launched Tinder in 2012 and by 2014 the company was recording one billion "swipes" a day.

<span class="mw-page-title-main">Whitney Wolfe Herd</span> Founder and former CEO of Bumble (born 1989)

Whitney Wolfe Herd is an American entrepreneur. She is the founder, executive chair, and former CEO of publicly traded Bumble, an online dating platform, launched in 2014. She is a co-founder of Tinder and was previously its Vice President of Marketing.

Bumble is an online dating and networking application launched in 2014. Profiles of potential matches are displayed to users, who can "swipe left" to reject a candidate or "swipe right" to indicate interest. The app is a product of Bumble Inc., founded by Whitney Wolfe Herd shortly after she left Tinder. Wolfe Herd has described Bumble as a "feminist dating app".

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, OurTime, and other dating global brands. The company was owned by IAC until July 2020 when Match Group was spun off as a separate, public company. As of 2019, the company had 9.3 million subscribers, of which 4.6 million were in North America. Japan is the company's second largest market, after the United States.

<span class="mw-page-title-main">Paktor</span> Dating and networking mobile application

Paktor is a location-based dating and networking mobile application that connects mutually interested users and allows them to chat individually or as a group. Founded in Singapore, the app was launched in June 2013, and has over 5 billion swipes to date. In late 2013, Paktor launched a subsidiary called GaiGai, an offline dating service that focuses on match-making and dating events. The word 'Paktor' originates from the Cantonese word for 'dating'.

<span class="mw-page-title-main">Feeld</span> Location-based online dating app

Feeld is a location-based online dating application for iOS and Android that facilitates communication between people interested in ethical non-monogamy, polyamory, casual sex, kink, swinging, and other alternative relationship models and sexual preferences. According to a review from The New York Times, over a third of users are on the app with a partner, and 45 percent identify as something other than heterosexual.

<span class="mw-page-title-main">The League (app)</span> Social and dating mobile application

The League is a social and dating mobile application launched in 2015 and available in several cities all over the world on iOS and Android.

<span class="mw-page-title-main">Hinge (app)</span> American online dating app

Hinge is an online dating application. Using an algorithm, the app displays potential matches, allowing the user to dismiss or attempt to match by responding to a specific piece of content on their profile. The service emphasizes uploading user-generated content in a variety of formats, such as photos, videos, and "prompts" as a way to express personality and appearance. The app is fully owned by Match Group as of February 2019.

<i>Swiped: Hooking Up in the Digital Age</i> 2018 American film

Swiped: Hooking Up in the Digital Age is an American documentary film that premiered on September 10, 2018 on HBO. Directed by journalist Nancy Jo Sales, the film explores dating, relationships, and hookup culture amongst young people in the era of online dating apps.

Mandy Ginsberg is an American businesswoman and manager, who is the former CEO of Match Group.

Peanut, a product of Peanut App Ltd. is an online community for women who are planning to become pregnant, women who are pregnant, women who have had children, and women who are experiencing menopause. Profiles of potential friends are displayed to users who can swipe up to show intent to connect. Users can also connect via discussion threads, groups, and live audio conversations. The app allows users to select their stage of life, to meet women at a similar life stage, and to discover relevant content.

<span class="mw-page-title-main">Joseph Phua</span> Singaporean entrepreneur

Joseph Phua is a Singaporean-Taiwanese entrepreneur. He is the co-founder of the dating app Paktor and co-founder and chairman of the live streaming platform 17LIVE Group. He is also the founder of Next Apple News and chairman of the single family office Turn Capital.

References

  1. "Match Group Names Sharmistha Dubey CEO - Quick Facts". www.nasdaq.com. Retrieved 2020-04-24.
  2. "Match Group Names Sharmistha Dubey CEO - Quick Facts | Markets Insider". markets.businessinsider.com. Retrieved 2020-04-23.
  3. Ha, Anthony (July 2020). "Match Group completes separation from IAC, new board includes Wendi Murdoch and Ryan Reynolds". TechCrunch. Retrieved 2020-10-09.
  4. 1 2 Maddox, Will (2020-07-02). "Dallas-Based Match Group Separates From Parent Company IAC". D Magazine. Retrieved 2020-10-09.
  5. 1 2 "Match Group reorganizes its leadership team after going public". www.bizjournals.com. Retrieved 2020-04-23.
  6. 1 2 Whitlock, Dominic (2020-08-10). "Shar Dubey Joins 'Fortive' Board of Directors". Global Dating Insights. Retrieved 2020-10-09.
  7. 1 2 3 Pardes, Arielle (April 4, 2021). "When the Boss of All Dating Apps Met the Pandemic". Wired. Retrieved April 4, 2021.
  8. 1 2 Gelles, David (2021-12-24). "Why the Match.com C.E.O. Took a Stand on the Texas Abortion Law". The New York Times. ISSN   0362-4331 . Retrieved 2021-12-24.
  9. Gelles, David (2021-12-24). "Why the C.E.O. Behind Match.com and Tinder Took a Stand on the Texas Abortion Law". The New York Times. ISSN   0362-4331 . Retrieved 2021-12-24.
  10. "Shar Dubey, Match Group Inc: Profile and Biography". www.bloomberg.com. Retrieved 2020-04-23.
  11. 1 2 "MTCH Company Profile & Executives - Match Group Inc. - Wall Street Journal". www.wsj.com. Retrieved 2020-04-24.
  12. 1 2 "Shar Dubey". WSJ Tech Live. Retrieved 2020-10-15.
  13. McGill, Dan Primack, Margaret Harding. "Match Group first tech company to back anti-online child abuse bill". Axios. Retrieved 2020-10-27.{{cite web}}: CS1 maint: multiple names: authors list (link)
  14. Garun, Natt (2017-09-01). "Tinder becomes top-grossing iOS app after letting people pay to see who likes them". The Verge. Retrieved 2020-04-24.
  15. "Tinder hits top grossing app in the App Store on heels of Tinder Gold launch". TechCrunch. September 2017. Retrieved 2020-04-24.
  16. "Former Tinder COO to replace Mandy Ginsberg as Match Group CEO". Reuters. 2020-01-28. Retrieved 2020-04-24.
  17. "How Tinder Used F2P Game Monetization to Become a #1 Top Grossing App". Bright Black Associates. 21 January 2019. Retrieved 2020-04-24.
  18. Group, Match. "Match Group Names Mandy Ginsberg to Succeed Greg Blatt as CEO". www.prnewswire.com (Press release). Retrieved 2020-04-24.{{cite press release}}: |last= has generic name (help)
  19. "Match Group CEO Mandy Ginsberg is stepping down". TechCrunch. 28 January 2020. Retrieved 2020-04-24.
  20. Sun, Leo (2020-02-05). "Will the Departure of Match Group's CEO Affect Tinder's Future?". The Motley Fool. Retrieved 2020-04-24.
  21. Primack, Dan. "Match Group CEO Mandy Ginsberg steps down". Axios. Retrieved 2020-11-12.
  22. McGrath, Maggie. "Match Group CEO Mandy Ginsberg Stepping Down To 'Take Care Of Myself'". Forbes. Retrieved 2020-04-24.
  23. Wells, Georgia (2020-01-28). "Match Group CEO Mandy Ginsberg Steps Down". Wall Street Journal. ISSN   0099-9660 . Retrieved 2020-04-24.
  24. "Match Group CEO Mandy Ginsberg Steps Down Before Spinoff". www.bloomberg.com. 2020-01-28. Retrieved 2020-04-24.
  25. Owens, Jeremy C. "Pandemic has boosted online dating, sending Match Group stock surging". MarketWatch. Retrieved 2020-11-12.
  26. "Match Group Q1 2020 Letter to Shareholders" (PDF).
  27. Perez, Sarah (6 February 2020). "Pew: 30% of US adults have used online dating; 12% found a committed relationship from it". TechCrunch. Retrieved 2020-11-12.
  28. Perez, Sarah (3 May 2022). "Match names Zynga President Bernard Kim as CEO, replacing Shar Dubey". Techcrunch. Retrieved 10 August 2022.
  29. DiFurio, Dom (September 2, 2021). "Match Group CEO creates fund for Texas employees seeking out-of-state abortion care". dallasnews.com. The Dallas Morning News. Retrieved September 2, 2021.
  30. Davalos, Jackie (September 2, 2021). "Match CEO Starts Fund for Staff Hit by Texas Abortion Law". bloomberg.com. Bloomberg Business. Retrieved September 2, 2021.