Glenn Schiffman, IAC government vice president and chief economical officer, is leaving the media conglomerate to pursue a new option.
IAC, which owns home venture marketplace Angi, childcare system Care.com, and other companies, stated Schiffman will keep at the business for a pair of months to support with the transition.
“Glenn’s astounding. He has been a true partner in IAC’s growth and results and we’re grateful for his vitality and leadership. I have no question he’ll proceed to do fantastic items,” stated Joey Levin, CEO of IAC.
Schiffman joined IAC as finance chief in April 2016 and since January has also held the role of interim chief economical officer of Angi, a role he previously held from September 2017 until finally August 2019. He serves on the board of directors of Angi and Match Group, which he served spinoff past calendar year. Schiffman will continue to be on the Angi board of directors immediately after he leaves the business.
“It has been a accurate privilege to be a part of these kinds of an exceptional team and to contribute to the current results of IAC,” stated Schiffman. “It has been an unbelievable operate more than the past 5 several years and just a delight to have labored with our proficient finance team and have been a small part of the unbelievable legacy of IAC. I couldn’t be prouder of our do the job helping IAC build lasting shareholder benefit and helping to condition the future generation of fantastic corporations. I glimpse forward to cheering on the total IAC team and I’m enthusiastic to proceed helping drive results at Angi.”
In the interim, when IAC searches for Schiffman’s substitute, the company’s economical government leadership team, like senior vice president and controller Michael Schwerdtman, senior vice president of finance and investor relations Mark Schneider, and senior vice president and treasurer Nick Stoumpas, will oversee economical functions at IAC and Angi.