FILE PHOTO: A display in Times Square is pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company's IPO in New York City, New York, U.S., February 11, 2021. REUTERS/Mike Segar/File Photo
(Reuters) - Bumble on Friday named Ronald Fior, currently a partner of financial consulting firm FLG Partners, as the interim finance chief of the dating app operator, effective March 15.
Fior currently serves as a consultant to Bumble and will remain in that position following his transition to the CFO role, the company said. He takes the reins from Anu Subramanian, who is set to step down from the role next month.
With over 30 years of CFO experience, Fior joins Bumble at a time when the company is struggling to improve its sluggish revenue growth amid a drop in paying users.
The company last month announced the return of its founder Whitney Wolfe Herd as CEO in March. Bumble has also undergone a series of executive shake-ups, with the departure of its marketing head in January and the appointment of a new chief business officer.
Fior has served in interim finance chief roles at e-commerce firm Perch, cybersecurity company Absolute Software and resale solutions firm Trove Recommerce in the past five years. He has held CFO positions at companies including Quotient Technology, Callidus Software and Ingenuity Systems.
Bumble earlier this month projected quarterly revenue below analysts' estimates and warned there would be a temporary decline in paying users by 100,000 to 120,000 in the near term, as it revamps its application with new features.
(Reporting by Deborah Sophia in Bengaluru; Editing by Shounak Dasgupta)
