Grindr announced that its Board of Directors has appointed CEO George Arison to the additional role of Chairman of the Board, effective June 23. J. Michael Gearon, Jr., will continue to serve as Lead Independent Director. The company highlighted that since Arison joined, Grindr has more than doubled revenue since 2022, advanced AI product innovation, and expanded organizational capabilities. In a separate move, the Compensation Committee granted Arison a new equity award of 2,250,000 restricted stock units, extending his compensation arrangements through October 2030 under an amended employment agreement.
Grindr IncCEO appointed Chairman and granted new equity award, extending compensation through 2030, signaling board confidence and alignment.