Angi Inc. Announces Board and its Committee Changes
November 18, 2021 at 04:10 pm EST
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On November 16, 2021, Yilu Zhao notified Angi Inc. (the Company or the Registrant) of her decision to resign from the Company?s board of directors and Audit Committee, effective upon the effective appointment of her successor to the Company?s board of directors and Audit Committee. Ms. Zhao?s decision to step down from these roles was 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. On November 18, 2021, Sandra Buchanan Hurse was appointed (effective November 19, 2021) to the Company?s board of directors and appointed to the Executive Compensation and Compensation Committees. Ms. Hurse, age 56, has served as Managing Director, Chief Human Resources Officer of GCM Grosvenor, a leading global alternative asset firm, since May 2018. In this role, Ms. Hurse is responsible for overseeing GCM Grosvenor?s global human resources function, together with its office and real estate services. In addition to her role as Chief Human Resources Officer, Ms. Hurse serves as a member of GCM Grosvenor?s Office of the Chairman, as well as a member of the firm?s Environmental, Social and Governance and Diversity, Equity and Inclusion committees. Prior to her tenure at GCM Grosvenor, Ms. Hurse held various positions at Bank of America from 2013 and 2018, most recently serving as the Global Head of Human Resources for Corporate and Investment Banking. On November 18, 2021, Jeremy G. Philips was appointed (effective November 19, 2021) to the Company?s board of directors and appointed to the Audit Committee. Mr. Philips has been a general partner of Spark Capital. From January 2012 until May 2014, Mr. Philips invested in various private technology companies.
Angi Inc. connects home service professionals with consumers across approximately 500 different categories, from repairing and remodeling homes to cleaning and landscaping. The Companyâs segments include Ads and Leads, Services, Roofing, and International (includes Europe and Canada), and operates under multiple brands including Angi, HomeAdvisor, and Handy. Ads and Leads segment provides service professionals the capability to engage with potential customers, including quoting and invoicing services, and provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals nationwide for home repair. Services segment provides a pre-priced offering service, pursuant to which consumers can request services through Angi and Handy branded platforms. Roofing segment provides roof replacement and repair services, primarily in Florida. International segment operates international businesses, such as Travaux, MyHammer and Werkspot.