Business
Match Group Announces the Addition of Kelly Campbell to its Board of Directors
Enters into Information Sharing Agreement with Anson Funds DALLAS, April 29, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced its Board of
About this update from Iac Inc.
[{"type":"text","content":"Enters into Information Sharing Agreement with Anson Funds\nDALLAS, April 29, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced its Board of Directors will add Kelly Campbell, the former president of NBCUniversal's Peacock, as a new director to its Board in connection with the 2025 Annual Meeting.\n\n \n \n \n \n \n \n\n \n\"Kelly is a deeply experienced leader who will complement the skills and expertise of the Board as we continue to provide oversight of Match Group and support the execution of the transformation underway. Her knowledge of consumer-facing technology businesses and insight into the development of brand equity in a competitive landscape will be an asset to Match Group as we focus on strong execution of our user-focused growth strategy,\" said Thomas J. McInerney, Chairman of the Board of Match Group.\nAdded Campbell: \"I am excited to have the opportunity to work alongside the talented Match Group team and the rest of the Board to deliver on the growth opportunities ahead of the company and create long-term stockholder value.\"\nWith the election of Campbell at the Annual Meeting, over one third of the directors of Match Group will be new to the board over the past year.\nAs a part of Match Group and Anson Funds' constructive engagement, Match Group and Anson Funds have entered into an information sharing agreement to facilitate ongoing collaboration. Match Group looks forward to continuing to engage with Anson Funds and all its stockholders as it continues to execute on its transformation and prioritize sustainable growth and long-term value creation.\n\"We are excited to support Spencer and his team as they lead a revolution of the online dating category driven by artificial intelligence,\" said Sagar Gupta, a Portfolio Manager at Anson Funds. \"We look forward to engaging constructively with Match Group towards the pursuit of long-term growth and value creation.\"\nIn connection with today's announcement, Anson Funds has agreed to withdraw its director nominations and proposal to declassify the Board.\nAmong the matters up for a vote at the upcoming Annual Meeting is Match Group's proposal to amend Match Group's certificate of incorporation to declassify the Board. The Board is committed to strong corporate governance practices.\nAbout Kelly CampbellCampbell most recently served as President of ...