Tinder's CEO is being replaced, and he found out via a phone call

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Tinder's founder and CEO Sean Rad is being demoted by the app's owner, IAC, the Internet media conglomerate run by Barry Diller.

The news, first reported by Forbes , broke Tuesday morning, though Rad was notified of the demotion last month

Sexual harassment accusations against Tinder's CMO Justin Mateen resulted in the cofounder leaving the company (he resigned after a suspension), although Forbes notes that Mateen and Rad are still close friends. The episode had called into question Rad's leadership as well as the executive culture at the startup.

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from MashableJason Abbruzzese