IAC Finance Chief to Depart Task
Glenn Schiffman
Glenn Schiffman, IAC executive vice president and main financial officer, is leaving the media conglomerate to go after a new option.
IAC, which owns residence task marketplace Angi, childcare system Care.com, and other companies, reported Schiffman will stay at the enterprise for a couple of months to aid with the changeover.
“Glenn’s wonderful. He has been a true partner in IAC’s progress and achievement and we’re grateful for his vitality and leadership. I have no doubt he’ll continue to do wonderful factors,” mentioned Joey Levin, CEO of IAC.
Schiffman joined IAC as finance main in April 2016 and given that January has also held the job of interim chief economic officer of Angi, a part he previously held from September 2017 right until August 2019. He serves on the board of administrators of Angi and Match Group, which he aided spinoff past calendar year. Schiffman will keep on being on the Angi board of directors soon after he leaves the corporation.
“It has been a legitimate privilege to be a part of this kind of an outstanding workforce and to contribute to the the latest achievements of IAC,” stated Schiffman. “It has been an unbelievable run about the previous 5 many years and just a delight to have worked with our talented finance team and have been a modest aspect of the amazing legacy of IAC. I could not be prouder of our perform aiding IAC construct long lasting shareholder price and aiding to condition the upcoming era of good providers. I appear ahead to cheering on the whole IAC staff and I’m enthusiastic to continue aiding travel achievement at Angi.”
In the interim, although IAC searches for Schiffman’s replacement, the company’s economic government leadership crew, together with senior vice president and controller Michael Schwerdtman, senior vice president of finance and trader relations Mark Schneider, and senior vice president and treasurer Nick Stoumpas, will oversee monetary functions at IAC and Angi.