Tinder has a new CEO

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chris payne ebay tinder

LinkedIn/Chris Payne

Tinder has replaced its CEO and co-founder Sean Rad with Chris Payne, a former eBay executive who oversaw its North America business, Re/code's Kurt Wagner and Kara Swisher report.

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Rad, one of Tinder's original cofounders, left the company back in November, but Re/code reported at the time that Rad would "stay on Tinder's board and continue to help with the product once a new CEO is hired."

Back in November, Forbes reported on co-founder Rad moving away from his CEO role. IAC, Tinder's largest stakeholder, was looking for a more experienced, "Eric Schmidt-like person" as the company's next CEO.

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Insiders told Forbes that Tinder's recent sexual harassment lawsuit was also to blame for Rad leaving the company. Tinder's ousted cofounder Whitney Wolfe accused Rad, as well as cofounder Justin Mateen, of sexually harassing her. The suit was settled in September, with Forbes reporting that Wolfe gained over $1 million in the settlement.

Payne left eBay in December, and eBay said that he'd "decided to leave eBay to pursue a new business venture."

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Prior to arriving at eBay in 2009, Payne also worked for Amazon, Microsoft, and software startup Positronic.

Tinder recently rolled out Tinder Plus, a paid version of its free swipe-right style dating app. Tinder Plus features add-ons including an "Undo" button - which lets you change your mind if you accidentally swipe the wrong way on a profile - and a "passport" feature to let you see overseas matches. Users over the age of 28 will have to pay an additional premium to use the service.

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