MATCH GROUP, INC. (NASDAQ:MTCH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 2, 2017, Match Group, Inc. (the “Company”) filed with the Securities and Exchange Commission a Current Report on Form 8-K (as previously amended by the first amendment to the original report filed on October 5, 2017, the “Original 8-K”) reporting that Amanda W. Ginsberg, then CEO of Match Group Americas, was appointed Chief Executive Officer of the Company, effective January 1, 2018, succeeding Gregory R. Blatt, who would remain in his role as Chairman and Chief Executive Officer of the Company through the end of the year. This second amendment amends the Original 8-K to update the effective date of this transition.
Since the announcement in August, Mr. Blatt and Ms. Ginsberg have been working diligently to ensure a smooth transition of CEO responsibilities. In doing so, Mr. Blatt and Ms. Ginsberg determined that these objectives would best be served through Ms. Ginsberg formally assuming her new responsibilities earlier than previously contemplated and Mr. Blatt continuing to assist Ms. Ginsberg in the transition for some period following that assumption. Accordingly, effective December 5, 2017, Ms. Ginsberg assumed the role of Chief Executive Officer of the Company. In addition, on December 6, 2017, Joseph Levin was appointed Chairman of the Board of Directors (in a non-executive capacity) of the Company, succeeding Mr. Blatt in that role, and Mr. Blatt was appointed non-executive Vice Chairman of the Board. Mr. Blatt will continue to serve as a non-executive employee of the Company through year-end and as a member of the Board thereafter.
About MATCH GROUP, INC. (NASDAQ:MTCH)
Match Group, Inc. is a provider of dating products. The Company operates in two segments: Dating and Non-dating. Its Dating segment provides dating products and the Company’s Non-dating segment provides various education services, including test preparation, academic tutoring and college counseling services. It operates The Princeton Review, which provides various educational test preparation, academic tutoring and college counseling services. The Princeton Review includes Tutor.com and The Princeton Review. The Company operates a portfolio of over 45 brands, including Match, OkCupid, PlentyOfFish, Tinder, Meetic, Twoo, OurTime, BlackPeopleMeet and FriendScout24, each designed to manage its users’ likelihood of finding a romantic connection. Through its portfolio of brands, it provides tailored products to meet the varying preferences of its users. It offers its dating products in approximately 38 languages across over 190 countries.
