ServiceMagic 2015 Annual Report Download - page 8

TableofContents
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Institution(formerlyViceChairman)andisnowamemberoftheMITCorporation,wherehealsoservesasamemberoftheboardofdirectorsofedX(anonline
educationplatform).InnominatingMr.Spoon,theBoardconsideredhisextensiveprivateandpubliccompanyboardexperienceandpubliccompanymanagement
experiencewithTheWashingtonPostCompany,allofwhichtheBoardbelievesgivehimparticularinsightintobusinessstrategy,leadershipandmarketinginthe
mediaindustry.TheBoardalsoconsideredMr.Spoon’sprivateequityexperience,whichtheBoardbelievesgiveshimparticularinsightintotrendsintheinternet
andtechnologyindustries,aswellasintoacquisitionstrategyandfinancing.
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Alexander von Furstenberg ,age46,hasbeenadirectorofIACsinceDecember2008.Mr.vonFurstenbergcurrentlyservesasChiefInvestmentOfficer
ofRangerGlobalAdvisors,LLC,afamilyofficefocusedonvalue-basedinvesting(“Ranger”),whichhefoundedinJune2011.PriortohistenurewithRanger,
Mr.vonFurstenbergfoundedArrowCapitalManagement,LLC,aprivateinvestmentfirmfocusedonglobalpublicequities,whereheservedasCo-Managing
MemberandChiefInvestmentOfficersince2003.Mr.vonFurstenberghasservedasmemberoftheboardofdirectorsofExpedia,Inc.sinceDecember2015and
servedasamemberoftheboardofdirectorsofW.P.Stewart&Co.Ltd.,aBermudabasedassetmanagementfirm,duringthepastfiveyears.Since2001,hehas
actedasChiefInvestmentOfficerofArrowInvestments,Inc.,theprivateinvestmentofficewhichserveshisfamily.Mr.vonFurstenbergalsoservesasapartner
anddirectorofDianevonFurstenbergStudio,LLC.InadditiontothephilanthropicworkaccomplishedthroughhispositionasadirectorofTheDiller-von
FurstenbergFamilyFoundation,Mr.vonFurstenbergalsoservesontheboardofdirectorsofFriendsoftheHighLine.InnominatingMr.vonFurstenberg,the
Boardconsideredhisprivateinvestmentandboardexperience,whichtheBoardbelievesgivehimparticularinsightintocapitalmarketsandinvestmentstrategy,as
wellasahighleveloffinancialliteracy.Mr.vonFurstenbergisMr.Diller’sstepson.
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Richard F. Zannino ,age57,hasbeenadirectorofIACsinceJune2009.SinceJuly2009,Mr.ZanninohasbeenaManagingDirectoratCCMPCapital
Advisors,LLC,aprivateequityfirm,wherehealsoservesasamemberofthefirm’sInvestmentCommitteeandasco-headofthefirm’sconsumerretail
investmentefforts.Mr.ZanninohasalsoservedasamemberoftheboardofdirectorsofTheEstéeLauderCompanies,Inc.sinceJanuary2010,Olli’sBargain
OutletsinceJuly2015andFrancesca’sCollectionsduringthepastfiveyears.Mr.ZanninopreviouslyservedasChiefExecutiveOfficerandamemberoftheboard
ofdirectorsofDowJones&CompanyfromFebruary2006throughDecember2007,whenMr.ZanninoresignedfromthesepositionsupontheacquisitionofDow
JonesbyNewsCorp.Priortothistime,Mr.ZanninoservedasChiefOperatingOfficerofDowJonesfromJuly2002throughFebruary2006andasExecutiveVice
PresidentandChiefFinancialOfficerofDowJonesfromFebruary2001throughJune2002.PriortohistenureatDowJones,Mr.Zanninoservedinanumberof
executivecapacitiesatLizClaibornefrom1998throughJanuary2001,andpriortothattimeservedasExecutiveVicePresidentandChiefFinancialOfficerof
GeneralSignalandinanumberofexecutivecapacitiesatSaksFifthAvenue.Inhisnot-for-profitaffiliations,Mr.ZanninoservesasamemberoftheBoardof
TrusteesofPaceUniversity.InconnectionwiththenominationofMr.Zannino,theBoardconsideredhisextensivepubliccompanymanagementexperience,
whichtheBoardbelievesgiveshimparticularinsightintobusinessstrategy,leadershipandmarketing,aswellasahighleveloffinancialliteracy.TheBoardalso
consideredMr.Zannino’sprivateequityexperience,whichtheBoardbelievesgiveshimparticularinsightintoacquisitionandinvestmentstrategyandfinancing.
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CERTAININFORMATIONCONCERNINGEXECUTIVEOFFICERS
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BackgroundinformationconcerningthoseindividualswhocurrentlyserveasexecutiveofficersofIAC(otherthanthosewhoalsoserveasdirectors)and
servedasnamedexecutivesin2015issetforthbelow.
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Jeffrey W. Kip ,age47,servedasChiefFinancialOfficerofIACfromMarch2012throughJune2015andhasremainedanemployee(inacapacityother
thanasanexecutiveofficer)oftheCompanysincethattime.PriortojoiningIAC,Mr.KipservedasExecutiveVicePresident,ChiefFinancialOfficerofPanera
BreadCompany,anationalbakery-cafeconceptintheUnitedStatesandCanada(“Panera”),sinceMay2006.FromNovember2003untilMay2006,Mr.Kip
servedasPanera’sVicePresident,FinanceandPlanningandasVicePresident,CorporateDevelopmentfromMay2003untilNovember2003.From
November2002untilApril2003,Mr.KipservedasanAssociateDirectorandDirectoratUBS,aninvestmentbankingfirm,andfromAugust1999until
November2002,Mr.KipwasanAssociateatGoldmanSachs,aninvestmentbankingfirm.
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Glenn H. Schiffman ,age46,hasservedasChiefFinancialOfficerofIACsinceApril2016.PriortojoiningIAC,Mr.SchiffmanservedasSenior
ManagingDirectoratGuggenheimSecurities,theinvestmentbankingandcapitalmarketsbusinessofGuggenheimPartners,sinceMarch2013.Priortohistenure
atGuggenheimSecurities,Mr.SchiffmanwasapartneratTheRaineGroup,amerchantbankfocusedonadvisingandinvestinginthetechnology,mediaand
telecommunicationsindustries,fromSeptember2011toMarch2013.PriortojoiningTheRaineGroup,Mr.SchiffmanservedasCo-HeadofGlobalMediaat
LehmanBrothersfrom2005to2007andHeadofInvestmentBankingAsia-PacificatLehmanBrothers(andsubsequentlyNomura)fromApril2007to
January2010,aswellasHeadofInvestmentBanking,AmericasforNomurafollowingNomura’sacquisitionofLehman’sAsiabusinessfromJanuary2010to
April2011.Inhisnot-for-profit
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