LendingTree 8-K exhibit on Lebda's death and CEO succession (SEC, Oct 2025)

Summary

Exhibit 99.1, a LendingTree, Inc. (NASDAQ: TREE) press release dated October 13, 2025 from Charlotte, N.C. The release announces that Doug Lebda, the Company's Chairman and Chief Executive Officer, passed away unexpectedly the day before in an all-terrain vehicle accident. It states that the Board of Directors appointed Scott Peyree, the Company's Chief Operating Officer and President, to serve as President and Chief Executive Officer, and Lead Independent Director Steve Ozonian as Chairman of the Board, both effective immediately. The release quotes a Board statement, Mr. Ozonian and Mr. Peyree, and ends with an About LendingTree paragraph.

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“LendingTree 8-K exhibit on Lebda's death and CEO succession (SEC, Oct 2025).” Original at www.sec.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/lendingtree-8-k-exhibit-on-lebda-s-death-and-ceo-succession-sec-oct-20-6ea1791732/, SHA-256 9b464fb2bcd68df1e4ac8b530f5716d383506675c8341d7dda71cb64dea79e41.

Full text

Exhibit 99.1

LENDINGTREE ANNOUNCES THE UNEXPECTED PASSING
OF COMPANY FOUNDER, CHAIRMAN AND CEO DOUG LEBDA

CHARLOTTE, N.C., October 13, 2025 — LendingTree,
Inc. (NASDAQ: TREE) announced that Doug Lebda, the Company’s Chairman and Chief Executive Officer, passed away unexpectedly yesterday
in an all-terrain vehicle accident. The Board of Directors and the entire LendingTree management team deeply mourns his passing and extends
sincere and heartfelt condolences to his family.

Scott Peyree, the Company’s Chief Operating
Officer and President, has been appointed by the Board to serve as the Company’s President and Chief Executive Officer, effective
immediately.

Lead Independent Director, Steve Ozonian, has
been appointed by the Board to serve as the Chairman of the Board, effective immediately. Mr. Ozonian joined the Board in 2008.

The Board of Directors issued the following statement:
“We are deeply saddened by the sudden passing of Doug. Doug was a visionary leader whose relentless drive, innovation and passion
transformed the financial services landscape, touching the lives of millions of consumers. Since founding LendingTree in 1996, Doug dedicated
himself to building a company rooted in consumer empowerment, championing a mission to simplify financial decisions and fostering economic
opportunity for all.

Doug’s unwavering commitment to our team,
customers and partners shaped LendingTree’s culture and values and permanently changed the way in which consumers access financial
products. His passion will continue to inspire us as we move forward together. We extend our deepest sympathies to Doug’s family
and loved ones during this difficult time.

The Board will work closely with Scott and the
leadership team to honor Doug’s vision. We are committed to upholding his legacy and continuing the work he began with passion,
integrity and dedication.”

Steve Ozonian commented further: “We sincerely
thank Scott Peyree for the momentum powered by his outstanding commitment and focus at LendingTree. We have the utmost confidence in his
ability to continue to lead LendingTree into the future.”

Scott Peyree also stated: “The news of
losing Doug was devastating. But one of the most immediate impacts of his legacy is the strong management team he put in place at
LendingTree. I look forward to leading our team and continuing our shared vision with Doug into the future.”

About LendingTree

LendingTree, Inc. is the parent of LendingTree,
LLC and several companies owned by LendingTree, LLC (collectively, "LendingTree").

LendingTree is one of the nation's largest, most
experienced online financial platforms, created to give consumers the power to win financially. LendingTree provides customers with access
to the best offers on loans, credit cards, insurance and more through its network of approximately 430 financial partners. Since its founding,
LendingTree has helped millions of customers obtain financing, save money, and improve their financial and credit health in their personal
journeys. With a portfolio of innovative products and tools and personalized financial recommendations, LendingTree helps customers achieve
everyday financial wins. LendingTree, Inc. is headquartered in Charlotte, NC.

For more information, please visit www.lendingtree.com.

Contact press@lendingtree.com

File and source

File: lending-ex9901-htm_5e768974f55e64f5.htm
Size: 6,409 bytes
SHA-256: 9b464fb2bcd68df1e4ac8b530f5716d383506675c8341d7dda71cb64dea79e41
Our copy: lending-ex9901-htm_5e768974f55e64f5.htm
Original: www.sec.gov