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Jaynie M. Studenmund, Former President and CEO eHarmony

Jaynie Studenmund joined online relationship service eHarmony as president and chief executive officer on February 1, 2006. She succeeded Greg Forgatch, co-founder of eHarmony, who voluntarily stepped down as president and chief executive officer to pursue other interests. Studenmund has overall responsibility for leading all aspects of eHarmony's business. Before signing on a CEO and president of eHarmony, Studenmund served as a board member of eHarmony since August 2005.

Unfortunately, Studenmund's tenure as CEO and President only lasted for two months. On March 31, 2006 she stepped down from the positions, but remains a member of eHarmony's Board of Directors.

Before eHarmony, Studenmund had accumulated over 25 years of executive operating and marketing experience in various high level positions. In her past positions, she has managed several high revenue businesses, ranging from $100 million to $1 billion in revenue. Studenmund has been a board member for Countrywise Bank, aQuantive Inc., Western Asset, and Forest Lawn. She also served as chief operating officer for Overture Services Inc. for three years, ending in 2004. While Studenmund was COO of Overture Services Inc., the company’s revenue grew from $100 million to $1.2 billion with quarterly profits increasing from negative to 10 quarters in a row of profit. Overture’s international markets grew from only one to 12 also during her reign as COO. From January 2000 to January 2001, Studenmund was the president and COO of bill management service PayMyBills.com, which was eventually sold to Paytrust.

Studenmund’s pre-Internet career included 11 years at First Interstate (which is now part of Wells Fargo) where she accelerated from chief marketing officer to executive vice president in charge of all retail at the California bank. During her time with First Interstate, Studenmund managed 403 stores, 4,000 employees (including a sales force of 1,000), and $1 billion in revenue, not to mention marketing efforts. After the acquisition of First Interstate, Studenmund was actively involved in the quick consolidation of major banking franchises as the executive vice president servicing as executive vice president responsible for all of retail at the nation's two largest savings and loans, Great Western Bank and Home Savings of America. She also served as a management consultant with Booz, Allen & Hamilton. Studenmund received her MBA from Harvard Business School and her BA in Economics from Wellesley College.

Quotes from Studenmund:

About New Role as CEO and President of eHarmony
"eHarmony is a gem of a company that, inspired by the extraordinary vision of Neil Warren, has grown to hold an important place in the hearts of millions of people. I feel honored to succeed Greg Forgatch who, with Dr. Warren, built eHarmony from the ground up and transformed it into a thriving and profitable business. I am excited about helping expand eHarmony's leadership position in this emerging product category and fully realizing the limitless growth opportunities that lie before us."

Related Links:
» History of eHarmony
» Jayne Studenmund Takes CEO Reigns at eHarmony
» eHarmony CEO Steps Down After Only Two Months

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