Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnDecember 18, 2020 ,Craig Smith notifiedANGI Homeservices Inc. (the "Company") of his decision to resign from the Company's board of directors, effective immediately.Mr. Smith's decision to step down is not the result of any disagreement with the Company or the Company's board of directors regarding any matters relating to the Company's operations, policies or practices. The Company previously announcedMr. Smith's resignation from his role as the Company's President and Chief Operating Officer, whichMr. Smith and the Company have agreed to be effective as ofDecember 18, 2020 .Mr. Smith will continue to serve the Company in an advisory role, pursuant to which he will advise the Company on matters relating to its business, strategy and operations throughDecember 31, 2021 pursuant to a previously disclosed advisory agreement. EffectiveDecember 21, 2020 ,Kendall Handler , age 36, was elected to the Company's board of directors.Ms. Handler , will serve, effectiveJanuary 1, 2021 , as Senior Vice President and General Counsel ofIAC/InterActiveCorp ("IAC"), the Company's controlling stockholder. Prior to assuming this role,Ms. Handler will have spent over three years overseeing all legal aspects of IAC's merger and acquisitions activity, first in her capacity as M&A Counsel of IAC and then as Vice President, M&A Counsel of IAC. Before joining IAC in 2017,Ms. Handler served for over six years as an associate atWachtell, Lipton, Rosen & Katz , where she advised clients on mergers and acquisitions, corporate governance and other general corporate matters.Ms. Handler received a Bachelor of Arts from theUniversity of Virginia and a Juris Doctorate, cum laude, fromHarvard Law School .Ms. Handler was nominated by IAC pursuant to the Investor Rights Agreement, by and between the Company and IAC, datedSeptember 29, 2017 . There are no arrangements or understandings betweenMs. Handler and any other person required to be disclosed pursuant to Item 401(b) of Regulation S-K andMs. Handler has no family relationships required to be disclosed pursuant to Item 401(d) of Regulation S-K. Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 17.1Craig Smith's Letter of Resignation datedDecember 18, 2020 . 104 Cover Page Interactive Data File (embedded within
the Inline XBRL document).
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