Shar Dubey Explained

Birth Name:Sharmistha Dubey
Shar Dubey
Nationality:American
Alma Mater:Indian Institute of Technology, Kharagpur
Ohio State University
Predecessor:Mandy Ginsberg

Sharmistha Dubey is an Indian-born American business executive. She was the chief executive officer (CEO) of Match Group from March 2020 to May 2022.[1] [2] [3] [4] Dubey joined Match Group in 2006.[5] Dubey also serves on the Board of Directors of Match Group and Fortive Corporation.[6]

Biography

Dubey grew up in Jamshedpur and did her schooling from Little Flower School.[7] She earned a bachelor's degree in engineering from Indian Institute of Technology(IIT) Kharagpur in 1993. She was the only woman metallurgical engineer that year and Sundar Pichai was a classmate, and said she almost quit in her first week.[8] After graduation, Dubey returned to her hometown and worked for a steel company for a year, before saving up enough money to attend Ohio State University.[9] Dubey later obtained an MS from Ohio State University.[10] [11] [12]

Dubey is married to Partha and has one daughter.[13]

Career

Dubey began her career in 1998, as an engineer for Texas Instruments, before joining supply chain management software company i2 technologies. Dubey joined Match.com in 2006, serving in multiple roles like president of Match Group Americas, chief product officer of Match and chief product officer and EVP of The Princeton Review. Dubey additionally served as EVP for Tutor.com from 2013 to 2014.

Dubey was appointed Chief Operating Officer (COO) of Tinder in 2017, led the launch of Tinder Gold which established Tinder as the highest grossing non-gaming app globally.[14] [15] [16] [17] On January 1, 2018, Dubey was appointed President of Match Group[18] and joined its board of directors in 2019.[19] [20]

On March 1, 2020, Dubey was promoted to CEO, succeeding Mandy Ginsberg who stepped down for personal reasons.[21] [22] [23] [24] Dubey began her tenure as CEO for Match Group just as the COVID-19 pandemic was hitting the US and three months before the company spun off from IAC. In an email dated May 2020, Dubey and Match Group reported that engagement was up for all brands, despite the pandemic, due in part to video dating offerings.[25] [26]

As of February 2020, when Dubey became CEO, 30% of adults in the US used online dating, up from 11% in 2013, according to Pew Research Center report.[27]

In August 2020, Fortive Corporation announced the appointment of Shar to its board of directors.

In May 2022, Dubey stepped down as CEO of Match Group and was replaced by Bernard Kim (previously from Zynga).[28] Dubey remained a director of Match Group.

Activism

On September 1, 2021, the Texas Heartbeat Act went into effect. Previously, the Supreme Court of the United States denied a motion to block enforcement in a 5–4 vote. Dubey announced that she would be creating a fund to assist Texas-based employees and their dependents who were impacted by the legislation stating that "I personally, as a woman in Texas, could not keep silent" and "I am shocked that I now live in a state where women's reproductive laws are more regressive than most of the world, including India." She indicated that the fund would cover expenses for those who needed to seek care outside of Texas.[29] [30] She made clear that this was a personal fund, and not on behalf of Match.com.

Notes and References

  1. Web site: Match Group Names Sharmistha Dubey CEO - Quick Facts . www.nasdaq.com. en. 2020-04-24.
  2. Web site: Match Group Names Sharmistha Dubey CEO - Quick Facts Markets Insider . markets.businessinsider.com. 2020-04-23.
  3. Web site: Ha. Anthony. Match Group completes separation from IAC, new board includes Wendi Murdoch and Ryan Reynolds. 2020-10-09. TechCrunch. en-US.
  4. Web site: Maddox. Will. 2020-07-02. Dallas-Based Match Group Separates From Parent Company IAC. 2020-10-09. D Magazine. en.
  5. Web site: Match Group reorganizes its leadership team after going public. www.bizjournals.com. 2020-04-23.
  6. Web site: Whitlock. Dominic. 2020-08-10. Shar Dubey Joins 'Fortive' Board of Directors. 2020-10-09. Global Dating Insights. en-GB.
  7. Wired . When the Boss of All Dating Apps Met the Pandemic . Pardes . Arielle . April 4, 2021 . April 4, 2021.
  8. News: Gelles. David. 2021-12-24. Why the Match.com C.E.O. Took a Stand on the Texas Abortion Law. en-US. The New York Times. 2021-12-24. 0362-4331.
  9. News: Gelles. David. 2021-12-24. Why the C.E.O. Behind Match.com and Tinder Took a Stand on the Texas Abortion Law. en-US. The New York Times. 2021-12-24. 0362-4331.
  10. Web site: Shar Dubey, Match Group Inc: Profile and Biography. 2020-04-23. www.bloomberg.com.
  11. Web site: MTCH Company Profile & Executives - Match Group Inc. - Wall Street Journal. www.wsj.com. 2020-04-24.
  12. Web site: Shar Dubey. 2020-10-15. WSJ Tech Live.
  13. Web site: McGill. Dan Primack, Margaret Harding. Match Group first tech company to back anti-online child abuse bill. 2020-10-27. Axios. en.
  14. Web site: Tinder becomes top-grossing iOS app after letting people pay to see who likes them. Garun. Natt. 2017-09-01. The Verge. en. 2020-04-24.
  15. Web site: Tinder hits top grossing app in the App Store on heels of Tinder Gold launch. TechCrunch. en-US. 2020-04-24.
  16. News: Former Tinder COO to replace Mandy Ginsberg as Match Group CEO. 2020-01-28. Reuters. 2020-04-24. en.
  17. Web site: How Tinder Used F2P Game Monetization to Become a #1 Top Grossing App. Bright Black Associates. en-US. 2020-04-24.
  18. Web site: Match Group Names Mandy Ginsberg to Succeed Greg Blatt as CEO. Group. Match. www.prnewswire.com. en. 2020-04-24.
  19. Web site: Match Group CEO Mandy Ginsberg is stepping down. TechCrunch. en-US. 2020-04-24.
  20. Web site: Will the Departure of Match Group's CEO Affect Tinder's Future?. Sun. Leo. 2020-02-05. The Motley Fool. en. 2020-04-24.
  21. Web site: Primack. Dan. Match Group CEO Mandy Ginsberg steps down. 2020-11-12. Axios. en.
  22. Web site: Match Group CEO Mandy Ginsberg Stepping Down To 'Take Care Of Myself'. McGrath. Maggie. Forbes. en. 2020-04-24.
  23. News: Wells. Georgia. Match Group CEO Mandy Ginsberg Steps Down. 2020-01-28. Wall Street Journal. 2020-04-24. en-US. 0099-9660.
  24. Web site: 2020-01-28. Match Group CEO Mandy Ginsberg Steps Down Before Spinoff. 2020-04-24. www.bloomberg.com.
  25. Web site: Owens. Jeremy C.. Pandemic has boosted online dating, sending Match Group stock surging. 2020-11-12. MarketWatch. en-US.
  26. Web site: Match Group Q1 2020 Letter to Shareholders.
  27. Web site: Perez. Sarah. Pew: 30% of US adults have used online dating; 12% found a committed relationship from it. 2020-11-12. TechCrunch. en-US.
  28. News: Match names Zynga President Bernard Kim as CEO, replacing Shar Dubey . 3 May 2022 . Perez . Sarah . Techcrunch . 10 August 2022.
  29. Web site: Match Group CEO creates fund for Texas employees seeking out-of-state abortion care . DiFurio . Dom . September 2, 2021 . dallasnews.com . The Dallas Morning News . September 2, 2021.
  30. Web site: Match CEO Starts Fund for Staff Hit by Texas Abortion Law . Davalos . Jackie . September 2, 2021 . bloomberg.com . Bloomberg Business . September 2, 2021.

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