CHARLOTTE, N.C. — LendingTree Inc. Chief Executive Doug Ledba has taken the Charlotte-based company from a private startup in 1996 to the public powerhouse it is today in the world of financial services.
The online loan marketplace posted net operations income of $44.8 million in the second quarter, a 460% year-over-year increase. To accommodate rapid growth in its employee base, LendingTree is assessing its options for a larger headquarters in the Charlotte region. It currently operates out of Ballantyne and employs more than 450 people here. The company is studying a Pineville site that includes a large, 19th-century mill for a possible headquarters development under an agreement with the town.
CBJ sat down with Lebda to discuss the changes happening at LendingTree and his new role as co-chair for Charlotte 2020, a recently formed nonprofit charged with raising $70 million for the Republican National Convention.
Read the full interview here.
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