Grindr Announces Appointment of CEO George Arison as Chairman of the Board, and Equity Award to Continue Arison’s Compensation Arrangements Through Fall 2030
Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that its Board of Directors has appointed George Arison, the company's Chief Executive Officer, to the additional role of Chairman of the Board, effective June 23. J. Michael Gearon, Jr., will continue to serve as Lead Independent Director.
The appointment comes at a time of growing momentum for Grindr. Since Arison joined the Company, it has delivered outstanding financial performance, advanced AI product innovation, and expanded its organizational capabilities. The recent addition of three new independent directors, and the continued leadership by independent directors of each of the Board’s four standing committees, reflect Grindr’s focus on corporate governance and long-term shareholder value creation, positioning the Company for its next phase of growth.
"George is a great founder and entrepreneur who has led Grindr through a true refounding. His vision for Grindr as the Global Gayborhood in Your Pocket has transformed the company from an iconic product to a highly successful public company with an ambitious and inspiring mission, excellent execution, and a clear strategy for growth and value creation. Under his leadership, the company has more than doubled revenue since 2022, making Grindr one of the leading tech companies in revenue growth, EBITDA growth, and EBITDA margin," said Gearon. "The Board has deep trust in George’s leadership, including his relentless advocacy for Grindr and its shareholders, ability to foster open and constructive debate, respect for sound corporate governance, and deep connection to our users and employees. These qualities make him uniquely suited to serve as both CEO and Chairman. The Board is also excited to appoint Grindr’s first gay Chairman as a public company."
