Bumble Founder Whitney Wolfe Herd to Return as CEO in March (3)

Bumble Inc. founder Whitney Wolfe Herd will return to the dating-app firm as chief executive officer, a year after she handed over the reins to a Slack Technologies Inc. executive.

She will replace the current CEO, Lidiane Jones, who is departing for “personal reasons,” the company said in a statement Friday. Wolfe Herd will assume the role in mid-March.

The firm also expects its fourth-quarter revenue to fall above the mid-point of its previous guidance, it added in the same statement.

Bumble’s stock initially jumped as much as 8.8% to $8.51 after markets opened in New York, but the ...