Barry DIller is returning as CEO of InterActive Corp., the diversified digital company he founded in 1995. 
	The company included the leadership news in a broader announcement about finalizing a plan to spin off a stake in home services platform Angi to IAC shareholders. Joey Levin, who had been IAC’s CEO, will become executive chairman of Angi. 
	After the management shuffle and spinoff was revealed after the close of trading, shares in IAC jum…

The Business Journals

United States

Denver-based Angi Inc. being spun off by IAC

The move will bring a former CEO back and make the Denver home services company a freestanding business.

Ad Fontes Media

All Sides

Advance Publications

Media Bias/Fact Check

Deadline

Penske Media Corporation

Los Angeles

Los Angeles County

California

Barry Diller Returning As CEO Of IAC As Company Announces Spinoff Of Angi Stake

IAC CEO Joey Levin is set to depart as the company spins off Angi. Chairman Barry Diller will take over as he leaves.

The Hollywood Reporter

Eldridge Industries

Barry Diller to Take Over IAC Reins As CEO Exits

The essential tech news of the moment. Technology's news site of record. Not for dummies.

Techmeme

IAC board approves the spinoff of home improvement marketplace Angi; IAC has previously spun off companies like Expedia, Ticketmaster, and LendingTree

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

BizToc

Barry Diller Will Once Again Lead IAC

Media mogul and IAC chairman Barry Diller is set to run the company following the departure of CEO Joey Levin as part of a reorganization in connection with a spin-off of home services platform Angi. “Joey Levin has wanted a store of his own for some time and the spin-off of Angi affords him this opportunity. Although IAC will relinquish his services as CEO, we expect that he will continue to advise us for many years. As we approach yet another …

The Wrap

Barry Diller Takes Charge of IAC as CEO Joey Levin Exits

The company does not plan to appoint a new CEO, but will have leadership reporting to Diller, chairman of IAC. Source: Barry Diller to Take Over IAC Reins As CEO Exits

TV Tech Industry News

Angi CEO Jeff Kip will continue to head the company as IAC’s 10th fully independent company, IAC said. Article Attribution | Read More at Article Source The post IAC to Spin Off Stake in Angi, Longtime CEO to Step Down appeared first on RocketNews.

RocketNews

IAC to Spin Off Stake in Angi, Longtime CEO to Step Down

Mediagazer presents the day's must-read media news on a single page.

mediagazer.com

IAC board approves the spinoff of home improvement marketplace Angi; IAC CEO Joey Levin will leave his role and executives will report directly to Barry Diller

IAC (NASDAQ: IAC) said longtime boss Joey Levin will step down as CEO after the spinoff of its majority stake in home services marketplace Angi as the media

Barry Diller Returning As CEO Of IAC As Company Announces Spinoff Of Angi Stake

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics