Iac Interactivecorp Stock Price, News & Analysis

IAC has announced plans to nominate Tor R. Braham to its Board of Directors for the 2025 Annual Meeting of Stockholders. This move comes after constructive discussions with shareholder Arkhouse Management.

The board nomination includes twelve candidates in total, with Braham joining notable members such as Chelsea Clinton, Barry Diller, and Michael D. Eisner. Braham, selected in consultation with Arkhouse, will serve on the renamed Nominating and Corporate Governance Committee.

Key corporate governance enhancements include:

• Addition of Braham to strengthen technology and capital markets expertise
• Implementation of a director resignation policy for uncontested elections
• Restructuring of the Nominating Committee

The announcement reflects IAC's commitment to shareholder value and board effectiveness through collaborative engagement with investors.

IAC (NASDAQ: IAC) has scheduled its first quarter 2025 financial results announcement for Monday, May 5, 2025, after market close. The results will be available on the company's investor relations website. A conference call to discuss the Q1 2025 results is scheduled for Tuesday, May 6, 2025, at 8:30 a.m. ET. Both the live audiocast and replay will be accessible to the public through IAC's investor relations portal.

Care.com's 2025 Future of Benefits Report reveals a significant disconnect in workplace burnout perception, with 84% of employers acknowledging burnout's impact on retention. While employers estimate 45% of employees are at burnout risk, 69% of employees report experiencing moderate to high burnout levels.

The study highlights a strong correlation between caregiving responsibilities and burnout, with 83% of employees paying for family care reporting that balancing care and work duties increases burnout risk. Without caregiving support, employees experience increased stress (64%), decreased quality of life (48%), and lower job satisfaction (40%).

Notable findings show that nearly 1 in 5 employees (19%) have left jobs due to lack of family care benefits. Companies offering care benefits report positive outcomes, including employee savings of approximately $1,000 annually on both child and senior care. Importantly, 80% of employers predict a 25% or greater increase in profitability if employee burnout was eliminated.

Angi (NASDAQ: ANGI) has completed its spin-off from IAC (NASDAQ: IAC), becoming the 10th independent company to emerge from IAC's 30-year history. The transaction, completed on April 1, 2025, eliminates Angi's dual-class voting structure and positions both companies for independent growth.

As part of the transition, Joey Levin has stepped down as IAC CEO to become Executive Chairman of Angi, working alongside Angi CEO Jeff Kip. The distribution was completed on March 31, 2025, with IAC shareholders receiving approximately 0.5251 shares of Angi Class A common stock for each share of IAC stock held as of March 25, 2025.

Under its independence, Angi aims to leverage its improved customer experience and enhanced profitability to pursue strategic growth opportunities. The company maintains its focus on returning to revenue growth in 2026, supported by a healthy balance sheet.

Dotdash Meredith (DDM), America's largest digital and print publisher, has appointed Jim Lawson as President of D/Cipher, reporting to CEO Neil Vogel. Lawson, former CEO of AdTheorent, will lead D/Cipher's evolution as a premier cookie-less ad targeting solution.

D/Cipher, launched in May 2023, analyzes billions of consumer interactions across DDM's 40+ brands without relying on cookies or personal identifiers. The platform is now used in most of DDM's premium ad deals, consistently outperforming traditional targeting methods. The company has also launched D/Cipher+, enhanced by OpenAI partnership, to extend targeting capabilities across the premium open web with performance guarantees.

Lawson brings significant expertise, having led AdTheorent from startup to NASDAQ-listed company before its sale to Novacap in June 2024. He joins a growing D/Cipher team of 50 people, working alongside SVP Lindsay Van Kirk and Chief Innovation Officer Jon Roberts.

Care.com, a leading online platform for family care services and care jobs, has announced the relocation of its corporate headquarters to Dallas, Texas. The new headquarters will be situated in the uptown district at One West Village, 2801 N Central Expy.

The strategic move is designed to enhance the company's growth trajectory, facilitate talent acquisition in one of America's fastest-growing tech hubs, and drive innovation in care services. CEO Brad Wilson and several executives will transition to the new Dallas office later this spring.

While establishing Dallas as its headquarters, Care.com will maintain its existing offices in Austin (TX), Salt Lake City (UT), Shelton (CT), and New York (NY), alongside its remote workforce. The company worked with Newmark representatives to secure the new location, with OliveMill Holdings as the property owner.

IAC has announced the release of its fourth quarter financial results for 2025, along with shareholder letters from IAC CEO Joey Levin and Angi Inc. CEO Jeffrey Kip. The materials are available on the company's investor relations website. IAC and Angi Inc. will host a joint conference call on Wednesday, February 12, 2025, at 8:30 a.m. ET to discuss the quarterly results and answer questions. The call will feature Barry Diller (Chairman and Senior Executive of IAC), Joey Levin (CEO of IAC and Chairman of Angi Inc.), Jeffrey Kip (CEO of Angi Inc.), and Christopher Halpin (Executive Vice President, CFO and COO of IAC). A live audiocast and replay will be accessible to the public through IAC's investor relations website.

Care.com's 2025 Cost of Care Report reveals a concerning state of parental well-being amid America's care crisis. The study, surveying 3,000 parents, shows the average parent is responsible for five loved ones and manages five different care arrangements, with 48% still lacking adequate help.

The report highlights severe mental health impacts: 90% of parents lose sleep, 80% cry (90% for mothers), 75% feel dread, 71% face health issues, and 29% have considered suicide due to caregiving stress. Parents spend an average of 40% of household income on care expenses, with 22% allocated to child care alone.

Key findings include rising care costs, with weekly nanny rates increasing to $827 and daycare costs reaching $343. Parents miss approximately 34 important life commitments yearly due to care challenges, and 89% had to make major work or financial changes to afford care. The study emphasizes the need for systemic solutions, with 87% of parents supporting expanded tax credits and 79% favoring employer-subsidized caregiving benefits.

IAC has announced plans to spin off its complete stake in Angi, a leading home services platform, to IAC shareholders. The tax-free transaction is expected to close in the first half of 2025, no sooner than March 31. As part of this reorganization, Joey Levin will transition from IAC CEO to become Angi's Executive Chairman, working alongside Angi CEO Jeff Kip.

The spin-off will convert Angi's dual-class structure into one share/one vote common stock, with IAC shareholders receiving direct ownership. This move aims to provide Angi with greater independence and flexibility for growth through M&A, capital formation, and talent acquisition. IAC will not appoint a new CEO, with key executives reporting directly to Barry Diller, Senior Executive and Chairman.

Both companies affirmed their previous financial expectations for Q4 2024, with results to be posted on February 11, 2025, followed by a joint conference call on February 12.