UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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): August 11, 2011
IAC/INTERACTIVECORP
(Exact name of registrant as specified in charter)
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Delaware |
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0-20570 |
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59-2712887 |
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(State or other jurisdiction |
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(Commission |
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(IRS Employer |
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of incorporation) |
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File Number) |
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Identification No.) |
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555 West 18th Street, New York, NY |
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10011 |
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(Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (212) 314-7300
(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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 11, 2011, the Registrant announced that Thomas J. McInerney, Executive Vice President and Chief Financial Officer, intends to leave the Registrant at some point in the coming months. No specific date has been set for Mr. McInerney’s departure and he will remain in his current position through an appropriate transition period. The full text of the related press release, appearing in Exhibit 99.1 hereto, is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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99.1 |
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Press Release |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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IAC/INTERACTIVECORP | |
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By: |
/s/ Gregg Winiarski |
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Name: |
Gregg Winiarski |
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Title: |
Senior Vice President, |
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General Counsel and Secretary |
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Date: August 16, 2011 |
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EXHIBIT INDEX
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Exhibit No. |
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Description |
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99.1 |
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Press Release of IAC/InterActiveCorp dated August 11, 2011. |
Exhibit 99.1
Thomas J. McInerney to Step Down as IAC CFO
NEW YORK — August 11, 2011 — IAC (Nasdaq: IACI) announced today that Thomas J. McInerney, Executive Vice President and Chief Financial Officer, intends to leave the company at some point in the coming months, after 12 years with IAC. No specific date has been set for his departure and Mr. McInerney will remain CFO through an appropriate transition.
“I have been with the IAC family of companies for twelve years, and in my current position for the last six. Our actions over the past few years — strategically, operationally, and financially — have generated significant current returns for our shareholders while simultaneously positioning IAC for a thriving future. So it seems an opportune time for me to take a break and be with my expanding family before embarking on new and future challenges,” said Mr. McInerney. “I am more than grateful to Barry Diller for the opportunities he and IAC have given me, to Greg Blatt and my other colleagues for their never-ending stimulation, and to my dedicated team for their skill and energy in every endeavor. With them in place, IAC’s financial operations are in great stead.”
“I wish I could stand in his way, as his value to IAC has been incomparable, but it is with total respect for his ability, trustworthiness, and decency that I, Greg Blatt and everyone else at the Company cheer Tom on as his desire to move beyond his current position becomes a reality,” said Barry Diller, Senior Executive and Chairman of IAC. “No one has played a fuller role than Tom in contributing to the sustained growth of IAC and whatever and whoever he is associated with in the future will be lucky indeed.”
Mr. McInerney was named Executive Vice President and CFO of IAC in November 2004 and oversees all financial matters for the Company and also serves in the Office of the Chairman.
Prior to being named EVP and CFO, Mr. McInerney served as CEO of IAC’s Retailing sector from January 2003 to December 2005, overseeing HSN, HSN.com, Cornerstone Brands, HSE24 in Germany, and Gifts.com. Previously, Mr. McInerney was Executive Vice President and Chief Financial Officer of Ticketmaster, the world’s leading ticketing company, and its predecessor, Ticketmaster Online-Citysearch, Inc. since May 1999. Prior to joining Ticketmaster, Mr. McInerney spent 11 years as an investment banker at Morgan Stanley. He currently serves on the Board of Directors of HSN, Inc. and Interval International Leisure Group, Inc.
Mr. McInerney holds an MBA from Harvard and a BA from Yale.
About IAC
IAC operates more than 50 leading and diversified Internet businesses across 30 countries... our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. To view a full list of the companies of IAC please visit our website at www.iac.com.
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Contact Information:
IAC Communications
Nicole Albertson
(212) 314-7254
IAC Investor Relations
Nick Stoumpas
(212) 314 - 7400