<div><span style="font-size: 1rem;">Tinder chief executive Renate Nyborg is leaving the firm less than a year after becoming the boss of the dating app.</span><br></div><div><br></div><div>Her exit was one of a number of management changes at Tinder announced by parent company Match Group.</div><div><br></div><div>Tinder's plans to adopt new technology, including virtual currencies and metaverse-based dating, are also being reviewed in the strategic shake-up.</div><div><br></div><div>The announcements came as Match reported second-quarter results that missed Wall Street expectations.</div><div><br></div><div>"Today we're announcing the departure of Tinder CEO Renate Nyborg, and I have made some changes to the management team and structure that I am confident will help deliver Tinder's full potential," Match Group chief executive Bernard Kim said in a letter to shareholders.</div><div><br></div><div>Mr Kim will take up the role vacated by Ms Nyborg while the company looks for a permanent chief executive for Tinder.</div><div><br></div><div>"I have loved every moment of the last two years, working with an I.N.C.R.E.D.I.B.L.E team on the magic of human connection," Ms Nyborg said in a LinkedIn post.</div><div><br></div><div>The announcement also included the reorganisation of Tinder's top management team as well as a review of plans for rolling out new technology.</div><div><br></div><div>"After seeing mixed results from testing Tinder Coins, we've decided to take a step back and re-examine that initiative... we also intend to do more thinking about virtual goods," Mr Kim added.</div><div><br></div><div>It came as Match - which also owns the dating apps OkCupid, Hinge and Plenty of Fish - said it expects sales in the three months to the end of September to be between $790m to $800m.</div><div><br></div><div>That was well below Wall Street expectations and would mean the company would see no sales growth for the period.</div><div><br></div><div>Mr Kim pointed to the impact of the pandemic on people's willingness to start using dating apps and currency fluctuations for the disappointing figures.</div><div><br></div><div>"While people have generally moved past lockdowns and entered a more normal way of life, their willingness to try online dating products for the first time hasn't yet returned to pre-pandemic levels," he said.</div><div><br></div><div>Match Group shares fell by more than 20% in after-hours trade in New York on Tuesday.</div><div><br></div><div>Ms Nyborg became Tinder's first female chief executive in September last year.</div><div><br></div><div>Mr Kim was appointed as Match's chief executive in May after his predecessor Shar Dubey stepped down after just over two years in the role. -BBC</div><div><br></div><div>bnbd24/TR</div><div><br></div>