NEW YORK, Aug. 20, 2015 /PRNewswire/ -- The Match Group, a
subsidiary of IAC (NASDAQ: IACI), announced today that Gary Swidler will join The Match Group as Chief
Financial Officer. Mr. Swidler is being appointed to this newly
created group position in anticipation of The Match Group's
previously announced initial public offering (IPO).
Mr. Swidler joins The Match Group from Bank of America Merrill
Lynch. Mr. Swidler has been an executive at Bank of America Merrill
Lynch and its predecessors for nearly 18 years in various
capacities. Most recently, he served as a Managing Director where
he led the Financial Institutions Investment Banking Group.
"Gary brings a wealth of experience, especially in terms of the
public markets and complex transactions, as well as top leadership
skills and strategic acumen," said Sam
Yagan, CEO of The Match Group. "I look forward to working
with him and the myriad
contributions I know he will make at The Match Group."
"I've known Gary for 20 years and his intellect and character
are top notch," said Greg Blatt,
Chairman of The Match Group. "I look forward to working with Gary
through the IPO and beyond."
"I am very excited to join The Match Group," said Mr. Swidler.
"It is a company with great market leadership, stellar growth
prospects, an upcoming IPO and a team with great strategic
vision."
Mr. Swidler is expected to begin in September.
Prior to joining Merrill Lynch & Company in 1997, Mr.
Swidler was previously an associate at the law firm of Wachtell,
Lipton, Rosen & Katz. Mr. Swidler graduated with a Bachelor of
Science in Economics from the Wharton School of the University of Pennsylvania and from New York University School of Law. He resides in
New York City with his wife and
two children.
About IAC
IAC (NASDAQ: IACI) is a leading media and Internet company. It
is organized into four segments: The Match Group, which consists of
dating, education and fitness businesses with brands such as Match,
OkCupid, Tinder, The Princeton Review and DailyBurn; Search &
Applications, which includes brands such as About.com, Ask.com,
Dictionary.com and Investopedia; Media, which consists of
businesses such as Vimeo, Electus, The Daily Beast and
CollegeHumor; and eCommerce, which includes HomeAdvisor and
ShoeBuy. IAC's brands and products are among the most recognized in
the world reaching users in over 200 countries. The Company is
headquartered in New York City and has offices worldwide.
To view a full list of IAC companies, please
visit www.iac.com.
About The Match Group
The Match Group is the world's leading provider of dating
products, redefining the way millions of people meet, date and
start relationships every day. We offer our products under nearly
50 brands, translated into nearly 40 languages and available in
more than 200 countries across five continents. Our principal
brands include Match, Tinder, Meetic, OkCupid and OurTime. We
generate revenues through a combination of subscription,
transaction and advertising models, distributed through desktop and
mobile devices. Each product within our portfolio caters to
different communities defined by geography, demographics and
relationship sensibility. More than 7 million people sign up for
our products every month. The Match Group also operates The
Princeton Review, a leading provider of tutoring and test
preparation services. For more information please visit
www.iac.com.
Contact Us
IAC Investor Relations
Mark
Schneider / Alexandra
Caffrey
(212) 314-7400
IAC Corporate Communications
Isabelle Weisman
(212) 314-7361
IAC
555 West 18th Street, New York, NY 10011 (212) 314-7300
http://iac.com
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SOURCE IAC