Angie’s List Elects Thomas R. Evans as Chairman of the Board
October 07 2016 - 7:30AM
Business Wire
Angie’s List, Inc. (NASDAQ:ANGI) today announced that, effective
October 6, 2016, Thomas R. Evans has been elected Chairman of the
Board, replacing John H. Chuang, who resigned from his position as
director and Chairman, effective October 3, 2016. In addition, the
Company announced that Steven M. Kapner, director, has stepped down
from the Board, also effective on October 3, 2016. In connection
with the resignations, the Board has been reduced in size to 10
members from 12.
Mr. Evans has extensive experience in the media and internet
industries and has served as Chief Executive Officer of three
public companies. From 2004 through 2013, he was the President and
Chief Executive Officer of Bankrate, Inc., an internet publisher of
consumer financial content and rate information. Mr. Evans also
served on Bankrate’s Board of Directors before retiring in 2013. In
2014 and 2015, Mr. Evans served as an advisor to the board of
Bankrate. From 1999 to 2003, he served as Chairman and Chief
Executive Officer of Official Payments Corp., an internet company
specializing in processing consumer credit card payments for
government taxes, fees and fines. From March 1998 to June 1999, Mr.
Evans was President and Chief Executive Officer of GeoCities Inc.,
a community of personal websites on the internet. In 1998, Mr.
Evans led the company through its IPO and sold the company in 1999
to Yahoo! Inc. for $4.6 billion. Prior to his internet experience,
Mr. Evans was a 20 year veteran of the magazine business. From
January 1991 to February 1998, Mr. Evans was President and
Publisher of U.S. News & World Report.
Scott Durchslag, Angie's List President and Chief Executive
Officer, said, “Tom is an outstanding choice to be Chairman of the
Angie’s List Board. Since joining our board, he has helped
establish a vision for board excellence and effectiveness. I am
eager for the Company to continue to benefit from his tremendous
leadership and experience.”
New Chairman Evans commented, “I am delighted and honored to
accept the position of Chairman of the Board of Angie’s List. I
look forward to continuing to work with the Board and the talented
Angie’s List team to build on the success the Company has already
achieved.”
Commenting on Mr. Chuang and Mr. Kapner’s departure, Durchslag
said, “John and Steve have been instrumental in guiding Angie’s
List through its impressive journey from its founding more than 20
years ago to its position as a leader in the home services space.
Most recently, they helped in the development and launch of the
Company’s growth strategy.”
Mr. Chuang has served as a director of Angie’s List since 1996
and as its Chairman since 2014. Mr. Kapner has served as a director
since 2007. They currently are Chief Executive Officer and Managing
Director, respectively, of Aquent, LLC., the largest digital design
and staffing company in the world, which they co-founded in
1986.
“It has been a pleasure for Steve and me to serve as directors
and we continue to believe in the Company and its mission,”
commented Mr. Chuang.
Durchslag added, “On behalf of the entire board, I would like to
thank John and Steve for their many contributions to Angie’s List.
We wish them continued success.”
About Angie’s List
Finding a pro for a job well done is made easy online by
visiting Angieslist.com. More than three million members nationwide
use Angie's List, a leading provider of reviews, offers and
information in over 700 service categories, to help them improve
their homes. Built on a foundation of more than 10 million verified
reviews of local service, Angie's List connects members directly to
its online marketplace of services and offers unique tools and
support designed to improve the local service experience for both
members and service professionals.
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version on businesswire.com: http://www.businesswire.com/news/home/20161007005290/en/
Angie's List, Inc.Investor Relations:Leslie Arena,
317-808-4528lesliea@angieslist.comorPublic Relations:Cheryl
Reed, 317-396-9134cherylr@angieslist.com
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