Glenn Schiffman, IAC govt vice president and main money officer, is leaving the media conglomerate to go after a new option.
IAC, which owns property job marketplace Angi, childcare platform Treatment.com, and other companies, explained Schiffman will continue to be at the company for a few of months to help with the transition.
“Glenn’s incredible. He has been a actual companion in IAC’s advancement and good results and we’re grateful for his strength and leadership. I have no doubt he’ll carry on to do wonderful matters,” explained Joey Levin, CEO of IAC.
Schiffman joined IAC as finance main in April 2016 and given that January has also held the position of interim main money officer of Angi, a position he formerly held from September 2017 until August 2019. He serves on the board of directors of Angi and Match Team, which he served spinoff previous yr. Schiffman will stay on the Angi board of directors right after he leaves the company.
“It has been a accurate privilege to be a element of these kinds of an extraordinary crew and to add to the current good results of IAC,” explained Schiffman. “It has been an unbelievable operate over the previous 5 many years and just a delight to have labored with our talented finance crew and have been a smaller element of the unbelievable legacy of IAC. I could not be prouder of our do the job aiding IAC develop lasting shareholder worth and aiding to form the following era of wonderful organizations. I glance forward to cheering on the full IAC crew and I’m energized to carry on aiding drive good results at Angi.”
In the interim, whilst IAC lookups for Schiffman’s alternative, the company’s money govt leadership crew, including 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 money capabilities at IAC and Angi.