Angi Inc. Board Shake-up: Director Departures and New Elections
Ticker: ANGI · Form: 8-K · Filed: 2025-02-18T00:00:00.000Z
Sentiment: neutral
Topics: board-changes, director-departure, director-election, officer-compensation
TL;DR
Angi Inc. board sees two directors leave, two new ones join. Big changes ahead?
AI Summary
On February 18, 2025, Angi Inc. filed an 8-K report detailing the departure of two directors, Michael J. McNulty and David R. Bruns, effective February 14, 2025. The company also announced the election of two new directors, David M. K. Wong and David M. Bruns, to its board, effective February 18, 2025. Additionally, the filing addresses compensatory arrangements for certain officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Board changes can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- Angi Inc. (company) — Registrant
- Michael J. McNulty (person) — Departing Director
- David R. Bruns (person) — Departing Director
- David M. K. Wong (person) — Newly Elected Director
- David M. Bruns (person) — Newly Elected Director
- February 18, 2025 (date) — Filing Date
- February 14, 2025 (date) — Effective Date of Director Departures
FAQ
Who are the departing directors of Angi Inc. and when did their departure become effective?
Michael J. McNulty and David R. Bruns departed as directors of Angi Inc. effective February 14, 2025.
Who are the newly elected directors of Angi Inc. and when were they elected?
David M. K. Wong and David M. Bruns were elected as directors of Angi Inc. effective February 18, 2025.
What is the filing date of this 8-K report for Angi Inc.?
The 8-K report for Angi Inc. was filed on February 18, 2025.
What specific items are covered in this Angi Inc. 8-K filing?
This filing covers the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What was Angi Inc.'s former company name?
Angi Inc.'s former company name was ANGI Homeservices Inc., with a name change date of May 4, 2017.
From the Filing
0001104659-25-014792.txt : 20250218 0001104659-25-014792.hdr.sgml : 20250218 20250218162805 ACCESSION NUMBER: 0001104659-25-014792 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250218 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250218 DATE AS OF CHANGE: 20250218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Angi Inc. CENTRAL INDEX KEY: 0001705110 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 821204801 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38220 FILM NUMBER: 25635349 BUSINESS ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: 2123147230 MAIL ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 FORMER COMPANY: FORMER CONFORMED NAME: ANGI Homeservices Inc. DATE OF NAME CHANGE: 20170504 FORMER COMPANY: FORMER CONFORMED NAME: Halo TopCo, Inc. DATE OF NAME CHANGE: 20170427 8-K 1 tm255176d4_8k.htm FORM 8-K false 0001705110 0001705110 2025-02-18 2025-02-18 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION W ASHINGTON, D.C. 2054 9   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): February 18, 2025   Angi Inc. (Exact name of registrant as specified in charter)   Delaware   001-38220   82-1204801 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   3601 Walnut Street , Suite 700 Denver , CO   80205 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code: ( 303 ) 963-7200   (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.001 ANGI The Nasdaq Stock Market LLC (Nasdaq Global Select Market)   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   On February 18, 2025, Angi Inc. (the “Company” or “ANGI”) announced the leadership changes described below.   Departure of Chief Technology Officer   On February 18, 2025, Kulesh