LendingTree, Inc. (NASDAQ:TREE) filed a current report on October 30, 2026, disclosing the planned departure of General Counsel Heather Novitsky and the Board's adoption of amended and restated bylaws, both effective as of October 27, 2026.

Key Highlights

  • General Counsel departure: Heather Novitsky will leave her role as General Counsel of LendingTree, LLC effective December 31, 2026.
  • Transition period: Ms. Novitsky will continue as a non-executive employee performing transition services until March 12, 2027, at which point her employment will be terminated without cause.
  • Severance approved: The Compensation Committee approved Tier A severance benefits under the Company's Executive Severance Pay Plan, subject to Ms. Novitsky's execution of a general release of claims and compliance with applicable restrictive covenant obligations.
  • Bylaws amended: The Board adopted the Sixth Amended and Restated Bylaws on October 27, 2026, effective immediately upon adoption.
  • Bylaw changes include: Clarifications to hybrid stockholder meeting provisions, advance notice requirements, and Board powers to postpone or cancel annual meetings, as well as revisions conforming to Delaware General Corporation Law amendments.
  • Filing signed by: Jason Bengel, Chief Financial Officer of LendingTree, Inc.

LendingTree Discloses Leadership Change and Bylaw Overhaul

According to the filing, Heather Novitsky will step down as General Counsel of LendingTree, LLC, the operating subsidiary of LendingTree, Inc., a Charlotte, North Carolina-based online financial services marketplace, on December 31, 2026. The filing discloses that Ms. Novitsky will then remain with the company in a non-executive capacity to perform transition services before her employment is terminated without cause on March 12, 2027.

The Compensation Committee of the Board of Directors approved Tier A severance benefits for Ms. Novitsky pursuant to the Company's Executive Severance Pay Plan, the filing states. Those benefits are conditioned on Ms. Novitsky's execution and non-revocation of a general release of claims and continued compliance with restrictive covenant obligations set out in that release. The filing notes that the Executive Severance Pay Plan was previously filed as Exhibit 10.22 to the Company's Annual Report for the fiscal year ended December 31, 2025, which was filed with the SEC on March 9, 2026.

Separately, the filing reports that LendingTree's Board of Directors approved and adopted the Sixth Amended and Restated Bylaws on October 27, 2026, with immediate effect. The amendments, as described in the filing, clarify provisions related to hybrid stockholder meetings, update advance notice requirements for stockholder nominations and proposals, and codify the Board's power to postpone, reschedule, or cancel annual meetings. Additional changes align the bylaws with recent amendments to the Delaware General Corporation Law and include other administrative updates. The filing notes that the full text of the Bylaws is attached as Exhibit 3.1 and that the description "does not purport to be complete."

What Was Disclosed

LendingTree, Inc. reported the planned exit of General Counsel Heather Novitsky, including her transition and severance terms, and the Board's adoption of an amended and restated set of bylaws incorporating governance and Delaware law updates, all dated October 27, 2026.