INTERSECTIONS INC. (NASDAQ:INTX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
INTERSECTIONS INC. (NASDAQ:INTX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective January 29, 2018, Johan J. Roets ceased serving as the Chief Executive Officer of Intersections Inc. (the “Company”).
Effective January 29, 2018, the Company’s Board of Directors has appointed Michael R. Stanfield, the Chairman and Founder of the Company, as the Company’s Executive Chairman and President, to which he has assumed the duties as the principal executive officer of the Company. Mr. Stanfield co-founded the predecessor to the Company in 1996 and has served as Chairman of the Board of Directors since that time, and was previously the Chief Executive Officer until January 2017. Additional information regarding Mr. Stanfield and his business experience and positions with the Company can be found in the Company’s Definitive Proxy Statement, filed with the Securities and Exchange Commission on April 21, 2017.
About INTERSECTIONS INC. (NASDAQ:INTX)
Intersections Inc. uses data to enable consumers reduce risk through subscription services. The Company’s operating segments include Personal Information Services, Insurance and Other Consumer Services, and Bail Bonds Industry Solutions. The Company’s Personal Information Services business segment focuses on helping consumers understand, monitor, manage and protect against the risks associated with third parties misusing their personal information and violating their privacy. The Company’s Insurance and Other Consumer Services business segment focuses on helping consumers use insurance and other services to manage various personal risks and achieve personal goals. The Company’s Bail Bonds Industry Solutions business segment focuses on automating the bail bonds industry. The Company offers IDENTITY GUARD portfolio of services. The Company’s insurance products are sold and administered pursuant to contracts with insurance companies.