Frustrated by getting his first mortgage, Doug Lebda saw a need to empower consumers in what is, for most, the largest financial transaction in their lives – financing a home. He envisioned a process where lenders would compete for the borrower's business in a fair and open marketplace. And through this process, lenders would be able to target exactly the right consumers to grow. With that vision and his passion for driving innovation, Doug founded LendingTree in 1996 which has revolutionized how consumers shop for loans and how lenders reach new customers.
After launching LendingTree nationally in July 1998, Doug led the company through a successful IPO in 2000, through the dot-com meltdown of 2001 and a successful sale to IAC/InterActiveCorp in 2003. From 2005 to 2008, Doug served as IAC's President and Chief Operating Officer, leading the company through a transition from a holding company to a unified operating company. In 2008, Doug rejoined LendingTree as it spun out from IAC as a separate public company. Today, LendingTree connects consumers and businesses more broadly than just mortgages including; cars, auto finance, education and home services. In addition to LendingTree and his non-profit work, Doug helps lead other companies that are transforming the way consumers transact online. He's the Chairman of the Board of Recyclebank (recently named one of the 50 most innovative companies in the world), Co-Founder of Tykoon (an innovative financial platform for families and children) and is an active mentor and angel investor.
Before founding LendingTree, Doug worked as an auditor and consultant for PriceWaterhouseCoopers. He holds a Bachelors degree from Bucknell University and an MBA from the Darden School of Business at the University of Virginia.
J.D. Moriarty, joined the Company in June 2017 as Senior Vice President for Corporate Development, responsible for strategic acquisitions. In August 2017, he was appointed Chief Financial Officer, with the additional responsibility of corporate development, analytics and investor relations. Prior to joining the company, Mr. Moriarty was Head of Americas Equity Capital Markets at Bank of America Merrill Lynch. Mr. Moriarty spent over 22 years at Merrill Lynch and Bank of America, in various roles in both Equity Markets and Investment Banking. Mr. Moriarty has an MBA from the Stanford University Graduate School of Business and a BA in Economics & Finance from Bucknell University.
Neil Salvage has served as President of the Company since November 2016. Prior to that, Mr. Salvage held the title of Chief Revenue Officer since June 2015. Neil joined the Company as General Manager of the LendingTree Home Pros business in July 2013. Prior to joining the Company, Mr. Salvage served as Head of Digital Sales for CBS Television and Radio, Executive Vice President of CityGrid Media and Vice President of Yellowpages.com. He also is frequently featured as a panelist at many industry conferences, including Kelsey Group, Association of Directory Marketing, Inc. and Search Engine Strategies.
Mr. Salvage holds two Bachelor of Science degrees from the University of South Carolina in each of Business Administration and Management. Mr. Salvage also holds an M.S. degree in Computer Resources and Information Management from Webster University.
Carla Shumate has served as Chief Accounting Officer of LendingTree, since January 31, 2013. Carla joined the Company in December 2012 from King Pharmaceuticals, Inc. where she held various positions from 2001 until 2012, including Senior Vice President and Controller since 2005. Previously, Carla held various positions with PricewaterhouseCoopers LLP from 1993 until 2000, including Manager from 1998 until 2000.
Carla received her Bachelor of Science degree in Accounting from Wake Forest University and has been a Certified Public Accountant since 1997.