Key facts
- Dude Perfect's first CEO, Andrew Yaffe, has departed the company after two years.
- The departure was attributed to differing perspectives between Yaffe and the board regarding the company's next phase.
- Patrick Hurley, a principal at BP Capital Fund Advisors, will serve as interim CEO.
- A firm has been engaged to find a permanent CEO.
- The company reported significant revenue growth during Yaffe's tenure, driven by partnerships and its live tour.
Dude Perfect, the popular YouTube sports entertainment group, is parting ways with its first CEO, Andrew Yaffe, after approximately two years in the role. The company confirmed the departure, stating that Yaffe and the board had developed different perspectives on the company's future strategy.
Patrick Hurley, a principal at BP Capital Fund Advisors and an advisor to Dude Perfect, will step in as interim CEO. The company has initiated a search for a permanent chief executive.
A joint statement released by the board and Yaffe indicated the change was mutual, emphasizing significant revenue growth during Yaffe's tenure, attributed to partnerships with brands like State Farm and Disney, as well as the expansion of its live tour. Yaffe, a former NBA executive, expressed pride in the team's accomplishments and business momentum on LinkedIn.
Founded in 2009 by five college roommates, Dude Perfect is based in Frisco, Texas, and has amassed over 62 million YouTube subscribers. The company has diversified beyond its core content with merchandise sales and a live tour, and has previously announced plans for a theme park. Earlier this year, Dude Perfect also collaborated with the YouTube golf collective Good Good.