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The latest announcement is out from Angi (ANGI).
Angi Inc. has announced a significant leadership change with Jeffrey W. Kip stepping up as the new CEO, taking over from Joseph Levin, who will continue to serve as Chairman of the board. Kip brings a wealth of experience to his new role, having previously served as President of Angi, CEO of Angi International, and CFO of IAC Inc., Angi’s controlling shareholder. Alongside his CEO duties, Kip will also join the Angi board of directors, which has expanded to accommodate his appointment. Kip’s transition comes with a revised employment agreement and a hefty performance stock unit award, aligning his interests with the company’s future success.
For a thorough assessment of ANGI stock, go to TipRanks’ Stock Analysis page.
