• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Bumble stock rises after hiring ex-Salesforce executive as CPO

by January 6, 2025
written by January 6, 2025

Investing.com — Shares of Bumble Inc. (NASDAQ:BMBL) climbed 3.2% after the company announced the appointment of Michael Affronti as its new Chief Product Officer (CPO). The move, effective immediately, is expected to bolster the company’s product innovation and user experience as Affronti takes the helm of the Product, Safety, Research, and Customer Care teams.

Affronti joins Bumble from Salesforce (NYSE:CRM), where he led the Commerce Cloud as SVP and General Manager. His leadership at Salesforce contributed to the success of a multi-billion-dollar global e-commerce business. With a background that includes roles at Dataminr and Fuze, and a decade at Microsoft (NASDAQ:MSFT) working on products such as Office and Outlook, Affronti brings a wealth of experience in product development and strategy to Bumble.

The company’s CEO, Lidiane Jones, expressed confidence in Affronti’s ability to drive innovation and scale platforms, building upon the company’s efforts to reimagine the Bumble experience. Jones highlighted the importance of Affronti’s role, especially as Bumble has a bold set of product innovations planned for 2025.

Affronti’s appointment comes after the departure of former CPO Ali Rayl last year. His track record in driving innovation and operational scale is expected to contribute significantly to Bumble’s growth and user engagement strategies.

Investors appear to be reacting positively to the news, signaling approval of the company’s strategic move to strengthen its executive leadership team. As Bumble continues to evolve its offerings with an eye on product-led growth, the market will be watching closely to see how Affronti’s leadership influences the company’s trajectory in the competitive online dating and social discovery space.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Advent International to acquire Duke’s mayonnaise owner for $1.5B, Bloomberg reports
next post
Uber best idea at Wedbush with attractive risk/reward dynamics

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • GE Aerospace to lay off over 70 workers at Schenectady site, WARN notice shows
    • Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy