mtch-20200727

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 27, 2020

MATCH GROUP, INC.

(Exact name of registrant as specified in its charter)


Delaware	001-34148	59-2712887
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

8750 North Central Expressway, Suite 1400

Dallas, TX 75231

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (214) 576-9352

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of exchange on which registered

Common Stock, par value 00008911032020-07-272020-07-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 27, 2020

MATCH GROUP, INC.

(Exact name of registrant as specified in its charter)


Delaware	001-34148	59-2712887
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

8750 North Central Expressway, Suite 1400

Dallas, TX 75231

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (214) 576-9352

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of exchange on which registered

Common Stock, par value $0.001

MTCH

The Nasdaq Stock Market LLC

(Nasdaq Global Select Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

Item 7.01. Regulation FD Disclosure.

On July 27, 2020, Match Group, Inc. (“Match Group”) announced that Jim Lanzone has been appointed Chief Executive Officer of Match Group’s Tinder business.

The full text of the related press release, which is posted on the “Investor Relations” section of Match Group’s website at https://ir.mtch.com and appears in Exhibit 99.1 hereto, is incorporated herein by reference.

Exhibit 99.1 is being furnished under both Item 2.02 “Results of Operations and Financial Condition” and Item 7.01 “Regulation FD Disclosure.”

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits


Exhibit Number			Description
99.1			Press Release of Match Group, Inc., dated July 27, 2020.
104			Inline XBRL for the cover page of this Current Report on Form 8-K

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.


			MATCH GROUP, INC.

			By:			/s/ Jared Sine
						Jared Sine
						Chief Legal Officer and Secretary

Date: July 31, 2020

MTCH

The Nasdaq Stock Market LLC

(Nasdaq Global Select Market)

Emerging growth company ☐

Item 2.02. Results of Operations and Financial Condition.

Item 7.01. Regulation FD Disclosure.

On July 27, 2020, Match Group, Inc. (“Match Group”) announced that Jim Lanzone has been appointed Chief Executive Officer of Match Group’s Tinder business.

Exhibit 99.1 is being furnished under both Item 2.02 “Results of Operations and Financial Condition” and Item 7.01 “Regulation FD Disclosure.”

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits


Exhibit Number			Description
99.1			Press Release of Match Group, Inc., dated July 27, 2020.
104			Inline XBRL for the cover page of this Current Report on Form 8-K

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.


			MATCH GROUP, INC.

			By:			/s/ Jared Sine
						Jared Sine
						Chief Legal Officer and Secretary

Date: July 31, 2020

Document

Exhibit 99.1

Match Group names Jim Lanzone Chief Executive Officer of Tinder

DALLAS, July 27, 2020—Match Group today announced that Jim Lanzone has been appointed Chief Executive Officer at the company's flagship brand, Tinder. Lanzone has served in various roles at CBS Corporation including Chief Digital Officer and President & Chief Executive Officer of CBS Interactive from 2011 to 2019. He most recently served as an Executive-in-Residence at Benchmark Capital. He is succeeding Elie Seidman who is stepping down. Lanzone’s first day is August 3rd and he will report to Match Group Chief Executive Officer, Shar Dubey.

Lanzone is taking the helm at Tinder on the heels of another solid quarter, with double digit year-over-year revenue growth at Tinder despite the global COVID pandemic. Additional details will be provided when Match Group publishes its second quarter financial results on August 4, 2020.

“I’m very excited to welcome Jim to Match Group,” said Shar Dubey. “He has vast experience running complex global tech organizations, driving product innovation, integrating emerging media trends into bellwether brands and a proven track record of building subscription offerings and delivering results. Tinder still has so much runway ahead, and as we look to integrate video, roll out new features in various regions and accelerate our growth around the world, Jim will be a formidable leader for the company.”

“Tinder is an iconic brand and an essential part of the dating experience,” said Jim Lanzone. “We have an enormous opportunity to deliver on our mission, bring more people to the product and reimagine the user experience across different markets. I'm looking forward to working with the team and taking the brand to new heights.”

“Elie joined Match Group nearly four years ago as CEO of OkCupid and took the reins as CEO of Tinder during a pivotal time for the company,” said Shar Dubey. “He was a steadfast leader as the brand grew past the first billion dollar revenue milestone. We are grateful for his tenure and we wish him the very best in the future.”

The company also announced today it has named gaming executive Joshua Sell as Chief Product Officer at Tinder effective immediately. Sell brings significant executive product experience to Tinder. He has launched and revitalized various franchises at global gaming companies including NCSOFT, King, Glu Mobile and Aeria Games and Entertainment. Sell will report to Lanzone.

About Jim Lanzone

Jim Lanzone was the Chief Digital Officer of CBS Corporation and President & Chief Executive Officer of CBS Interactive, a top 10 consumer Internet property with 300+ million users worldwide. Since joining CBS in 2011, Jim led the digital transformation of CBS Corporation, driving CBS Interactive to record financial and audience growth, as well as the creation, launch

and growth of streaming subscription services like CBS All Access and free, ad-supported services including CBSN, CBS Sports HQ and ET Live.

Jim joined CBS Interactive after its acquisition of Clicker Media, an Internet video search and programming guide, where he served as Founder and Chief Executive Officer. He has also served as Chief Executive Officer of Ask.com (formerly Ask Jeeves), which he joined in 2001 after its acquisition of eTour.com, where he was Co-Founder and President.

Jim Lanzone joins Tinder from Benchmark Capital where he most recently served as an Executive-in-Residence.

Jim resides in Northern California with his wife and three children. He holds a B.A. from UCLA and a J.D./M.B.A. from Emory University.

About Match Group

Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of dating products available globally. Our portfolio of brands includes Tinder®, Match®, Meetic®, OkCupid®, Hinge®, Pairs™, PlentyOfFish®, and OurTime®, as well as a number of other brands, each designed to increase our users’ likelihood of finding a meaningful connection. Through our portfolio companies and their trusted brands, we provide tailored products to meet the varying preferences of our users. Our products are available in over 40 languages to users all over the world.

About Tinder

Tinder was introduced on a college campus in 2012 and is the world's most popular app for meeting new people. It has been downloaded more than 340 million times and is available in 190 countries and 40+ languages. Tinder has more than 6 million subscribers and is the highest grossing non-gaming app globally.

SOURCE Match Group

Cover Page	Jul. 27, 2020
Cover [Abstract]
Entity Central Index Key	0000891103
Amendment Flag	false
Document Type	8-K
Document Period End Date	Jul. 27, 2020
Entity Registrant Name	MATCH GROUP, INC.
Entity Incorporation, State or Country Code	DE
Entity File Number	001-34148
Entity Tax Identification Number	59-2712887
Entity Address, Address Line One	8750 North Central Expressway, Suite 1400
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75231
City Area Code	214
Local Phone Number	576-9352
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.001
Trading Symbol	MTCH
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false