IAC/InterActiveCorp, the parent company to LendingTree and RealEstate.com, has named Doug Lebda president and chief operating officer, the corporation said in an announcement Wednesday.

Lebda formerly was CEO of IAC Financial Services and Real Estate. Tom Reddin, previously CEO of RealEstate.com and IAC’s other real estate businesses, will succeed Lebda.

Barry Diller, chairman and CEO of IAC, in a statement Wednesday said: “Doug Lebda’s success at LendingTree, taking it from a seedling idea to our fastest-growing business — with truly superior entrepreneurial effort and execution — makes him a fine choice for the new position.”

The addition of Lebda to the company’s senior management group will enable Diller to spend more time on overall strategies and opportunities, Diller said.

Lebda is the founder of LendingTree, which he conceived in 1996 after writing a business plan during his first year at the Darden School of Business at the University of Virginia. Today, LendingTree is the anchor of IAC’s growing stable of financial service and real estate businesses.

Lebda previously worked as an auditor and consultant for PriceWaterhouseCoopers. He holds a bachelor of business administration degree from Bucknell University, and sits on the Bucknell University Alumni Association Board of Directors and the Board of Trustees for the Darden School Foundation.

As the CEO of IAC’s real estate business, Reddin is responsible for building and leveraging IAC’s growing portfolio of real estate businesses, including RealEstate.com. Reddin previously served as president and chief operating officer of LendingTree, and also as the company’s chief marketing officer.

Prior to LendingTree, Reddin worked for five years at Coca-Cola USA, where he ran the Coca-Cola brand as vice president, consumer marketing.

InterActiveCorp’s holdings include home shopping, ticket, travel, lodging, dating, and mortgage and real estate-related businesses.

***

Send tips or a Letter to the Editor to jessica@inman.com or call (510) 658-9252, ext. 133.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription