John Hegeman
In short: John Hegeman is a technology executive and co-founder and co-CEO of Ithaca Holdings, which agreed in October 2026 to acquire Bumble for $1.3 billion in cash. He is due to become Bumble's co-CEO on closing, alongside Ravi Gupta. He spent nearly 17 years at Meta, latterly as chief revenue officer, and sits on the board of Robinhood.
Key facts
| Role | Co-CEO and co-founder |
|---|---|
| Organisation | Ithaca Holdings |
| Role | Co-founder and co-CEO of Ithaca Holdings; will become co-CEO of Bumble on closing of the $1.3 billion acquisition [Dating Industry Insights, 13 October 2026] |
| Previous role | Named chief revenue officer of Meta, announced December 2024 [Axios, 16 December 2024] |
| Previous role | Left Meta after nearly 17 years; Meta said he was leaving to start his own business [Digit, 19 November 2025] |
| Role | Joined the board of Robinhood Markets, announced 25 March 2025 [Robinhood, 25 March 2025] |
| Education | Holds a degree in mathematics and economics from Stanford University [Robinhood Investor Relations, 2025] |
Biography
John Hegeman is co-founder and co-CEO of Ithaca Holdings, a technology holding company. On 13 October 2026 Ithaca agreed to take Bumble private for $6.05 a share in cash, valuing the company at $1.3 billion. Bumble says Hegeman and co-founder Ravi Gupta will become Bumble's co-CEOs once the deal closes, while Whitney Wolfe Herd remains Founder and CEO until then. Closing needs regulatory approvals, and either side can end the agreement if it has not closed by 12 July 2027.
Hegeman joined Meta in 2007 as an engineering leader on its advertising systems. He later led work on the Facebook app's Feed, Stories, notifications and integrity teams, returned to advertising in 2021 and was appointed Head of Monetization in 2022. Meta named him chief revenue officer in December 2024. In November 2025 reports said Meta had confirmed he was leaving after nearly 17 years to start his own business.
He has been an independent director of Robinhood since March 2025 and also serves on the board of the Center for Election Science. Robinhood's biography says he has a degree in mathematics and economics from Stanford University. Bloomberg reported in March 2026 that he and Gupta were raising at least $1 billion for Ithaca.
Career
- Co-founder and co-CEO, Ithaca Holdings (2025 to present)
- Independent director, Robinhood Markets (2025 to present)
- Chief Revenue Officer, Meta (2024 to 2025)
- Head of Monetization, Meta (2022 to 2024)
- Engineering leader, ads and Facebook app, Meta (2007 to 2022)
Stories about John Hegeman
- Bumble to install Ithaca founders Gupta and Hegeman as co-CEOs
Ravi Gupta and John Hegeman become Bumble co-CEOs when the $1.3B Ithaca deal closes. Whitney Wolfe Herd, who stays CEO until then, gets no stated title.
Also mentioned in
Questions about John Hegeman
Who is John Hegeman?
John Hegeman is co-founder and co-CEO of Ithaca Holdings and a former chief revenue officer of Meta.
What is John Hegeman's role at Bumble?
Bumble says he will become co-CEO with Ravi Gupta when Ithaca's $1.3 billion acquisition of Bumble closes.
What did John Hegeman do at Meta?
He joined Meta in 2007, was appointed Head of Monetization in 2022 and was named chief revenue officer in December 2024.
What is John Hegeman's current role?
John Hegeman is Co-CEO and co-founder at Ithaca Holdings.
Sources
- Dating Industry Insights: Bumble to install Ithaca founders Gupta and Hegeman as co-CEOs
- Axios: Meta restructures biz leadership, names new CRO
- Digit: Meta's revenue chief quits after 17 years
- Robinhood: Robinhood Markets welcomes John Hegeman to its Board of Directors
- Robinhood Investor Relations: Board of Directors