Steven Bailey has been promoted to chief financial officer of Dallas-based Match Group, effective March 1.
Gary Swidler will transition out of his CFO role on that date and continue as president of Match Group, the parent company of online dating platforms including Tinder and Hinge.
“Steve has played a key role in shaping our financial strategies and driving our success for over a decade,” Match Group CEO Bernard Kim said in a statement. “His deep expertise in managing financial functions across our portfolio of brands, along with his oversight of key operational areas such as real estate and business technology, make him the ideal choice for CFO.”
Currently, Bailey is the company’s senior vice president of financial planning and business operations. He’s held multiple leadership roles at Match Group since 2012. The company said his expertise spans financial strategy, operational efficiency, and corporate planning across the company’s diverse portfolio of brands.
Bailey’s promotion to CFO underscores the company’s focus on driving long-term strategic growth and exercising strong cost discipline, the company said. In his new role, Bailey will oversee investor relations, accounting, tax, and treasury, in addition to his current responsibilities.
“I’m grateful for the opportunity to play a larger role in a company and category I truly love,” Bailey said in a statement.
Swidler said Bailey is the right person to take the CFO role.
“He will be a great leader for this company for many years to come,” Swidler said in a statement. “With Steve overseeing the financial functions, I look forward to focusing on our broader portfolio strategy and driving the company’s future growth.”
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