Angi: A seasoned finance leader brings key experience in technology, finance and strategy to the team – Form 8-K

A seasoned finance leader brings key experience in technology, finance and strategy to the team

DENVER, June 09, 2022 (GLOBE NEWSWIRE) — Today, Angi Inc. (NASDAQ:ANGI), a leading, comprehensive solution for all home needs, announced the appointment of Andrew (“Rusty”) Russakoff to the position of Chief Financial Officer, effective immediately. As Chief Financial Officer, Mr. Russakoff will oversee the company’s financial and accounting operations to further Angi’s mission of becoming the home for everything home. Mr. Russakoff will replace Jeff Pedersen, who is stepping down as Chief Financial Officer, and will remain in an advisory capacity until July 19, 2022 to facilitate the transition.

As a key member of IAC’s finance team, Mr. Russakoff brings a deep understanding of Angi’s business, as well as 15 years of experience in technology, finance, strategy and investment banking.

“At Angi, we continue to transform the way people take care of their homes with new solutions that make finding, hiring and paying quality local professionals as easy as ordering dinner or a ride. We We are delighted to bring in a CFO with deep knowledge of Angi as well as key technology and financial experience to help us achieve our goals,” said Oisin Hanrahan, CEO of Angi. opportunity to work with Rusty throughout his time at IAC and believe he is the right person to become our next CFO and partner with operational leaders to drive results. We would also like to thank Jeff for all of his contributions. to Angi and wish her the best in her future endeavours.”

Mr. Russakoff most recently served as Vice President of Financial Planning at IAC, where he was responsible for financial analysis, overseeing the financial performance of IAC’s portfolio businesses, including Angi, and investor relations. investors. Prior to IAC, Mr. Russakoff held senior positions in finance, strategy and business development at GameChanger Media and Pellucid Analytics and was an investment banker at Credit Suisse. Mr. Russakoff holds an MBA from Columbia Business School and a Bachelor of Arts in Engineering from Harvard University.

“As a member of the IAC team, I have had the opportunity to advise and monitor Angi’s performance. I am delighted to now join Angi as Chief Financial Officer to play a more active role in

drive growth, profitability and truly transform the way people take care of their homes,” said Russakoff. “I look forward to working with Oisin and the entire Angi team.

About Angi Inc.

Angi (NASDAQ:ANGI) is your home for everything, a complete solution for all your home needs. From repairs and renovations to products and financing, Angi transforms every touchpoint of the customer journey. With over 25 years of experience and a network of over 200,000 professionals, we have helped over 150 million people with their household needs. Angi is your partner for every step of your homecare journey.

IAC/Angi Investor Relations

Mark Schneider

(212) 314-7400

Angi Corporate Communications

Mallory Michétich

(303) 963-8352

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