ParshipMeet Group has announced it is reorganising its businesses and restructuring its leadership team. Marc Schachtel has been promoted from co-CEO to CEO, with former co-CEO Geoff Cook departing the company on good terms.
Henning Rönneberg, who currently serves as CFO of the company, will now also be working as COO. In this new company structure, ParshipMeet Group’s dating and video brands will compliment each other more effectively regarding target audiences, products, and territories, it shared.
Marc Schachtel, CEO of ParshipMeet Group said “together with our shareholders ProSiebenSat.1 and General Atlantic, we have taken the necessary time to carefully review our organizational set-up. The new structure enables us to bring our assets closer together. While we expect these efforts to result in tangible synergies, they are clearly aimed at supporting our growth ambitions. Historically, our success has been built on executing on M&A, integration, and brand positioning”.
“We most recently delivered on that in turning eharmony into the biggest brand in our portfolio in terms of revenue. By continuing to focus on first-class online dating and livestreaming experiences, we want to create even more meaningful connections and entertaining moments for our users around the globe. I would like to thank Geoff for our cooperation as a co-CEO team and wish him all the best”, Schachtel continued.
Reflecting on his time at the company, the departing Geoff Cook shared “I’ve spent the last 18 years building some of the most successful dating apps and the livestreaming engine behind some of the top-grossing social apps in the U.S. All our success I owe to the team’s tremendous efforts, and I will always be proud of what we have achieved together. Early on, I saw the logic in dating industry consolidation, leading us to grow a portfolio of apps including MeetMe, the app I co-founded, Skout, Tagged, LOVOO, and GROWLr”.
“With the merger between Parship Group and The Meet Group over the past 2.5 years, we created a dating and video leader. While the future of ParshipMeet Group is bright, now for me is the best time to start my next entrepreneurial chapter. I have great respect for Bert, Marc, and Henning, and wish everyone at ParshipMeet Group the best of success”, Cook added.
In a LinkedIn post, Cook commented “the thing about our Dating and Video products is that they are endlessly interesting. There is always another chapter, so different from the previous one. Now this chapter for me is at an end, but I am confident the team will add another successful book to the series, and I look forward to watching it all unfold”.
“It was the honour of my lifetime to work alongside such exceptional technologists and dedicated team members for so long. I’m overwhelmed with gratitude”
Photo of Marc Schachtel courtesy of ParshipMeet Group