IAC Inc. Appoints New CFO and Elects Directors
Ticker: IAC · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1800227
| Field | Detail |
|---|---|
| Company | Iac Inc. (IAC) |
| Form Type | 8-K |
| Filed Date | Jun 13, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, management-transition
TL;DR
IAC Inc. shakes up exec team & board with new CFO Michael R. Brown and three new directors.
AI Summary
IAC Inc. announced on June 7, 2024, a series of executive and board changes. Effective June 7, 2024, Michael R. Brown was appointed as Chief Financial Officer. Additionally, the company elected three new directors to its board: Jonathan A. Cohen, Michael R. Brown, and Michael J. B. Smith. These changes are part of the company's ongoing strategic adjustments.
Why It Matters
These executive and board changes at IAC Inc. could signal shifts in financial strategy and corporate governance, potentially impacting future business decisions and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can introduce uncertainty regarding future strategy and operational direction.
Key Players & Entities
- IAC Inc. (company) — Registrant
- Michael R. Brown (person) — Appointed Chief Financial Officer and elected director
- Jonathan A. Cohen (person) — Elected director
- Michael J. B. Smith (person) — Elected director
- June 7, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the new Chief Financial Officer of IAC Inc.?
Michael R. Brown has been appointed as the new Chief Financial Officer of IAC Inc., effective June 7, 2024.
How many new directors were elected to the IAC Inc. board?
Three new directors were elected to the IAC Inc. board: Jonathan A. Cohen, Michael R. Brown, and Michael J. B. Smith.
What is the effective date of the reported changes at IAC Inc.?
The earliest event reported, including the executive and director changes, is dated June 7, 2024.
What is the principal executive office address for IAC Inc.?
The principal executive offices of IAC Inc. are located at 555 West 18th Street, New York, NY 10011.
What is the Commission File Number for IAC Inc.'s 8-K filing?
The Commission File Number for IAC Inc.'s 8-K filing is 001-39356.
Filing Stats: 475 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-06-13 07:59:34
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 IAC The Nasdaq Stock Market LLC (N
Filing Documents
- tm2417101d1_8k.htm (8-K) — 23KB
- 0001104659-24-071067.txt ( ) — 189KB
- iac-20240607.xsd (EX-101.SCH) — 3KB
- iac-20240607_lab.xml (EX-101.LAB) — 33KB
- iac-20240607_pre.xml (EX-101.PRE) — 22KB
- tm2417101d1_8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IAC Inc. By: /s/ Kendall Handler Name: Kendall Handler Title: Executive Vice President, Chief Legal Officer & Secretary Date: June 13, 2024 3