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ANGI > SEC Filings for ANGI > Form 8-K on 14-Mar-2013All Recent SEC Filings

Show all filings for ANGIE'S LIST, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ANGIE'S LIST, INC.


14-Mar-2013

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 14, 2013, Angie's List, Inc. (the "Company") announced that Robert R. Millard will step down as Chief Financial Officer effective April 1, 2013. The Company expects that Mr. Millard will remain through the second quarter to help ensure continuity and a seamless transition. The Company also announced the appointment of Charles Hundt, the Company's Controller, as the Company's interim Chief Financial Officer.

Mr. Hundt, age 39, has served as the Company's Controller since August 2007, and served as our interim principal financial officer from May 2010 to May 2011. He previously served as the Company's Director of Accounting from August 2005 to August 2007. Prior to joining the Company, Mr. Hundt worked at Katz, Sapper & Miller, a regional accounting firm, from August 1997 to August 2005. Mr. Hundt holds a Bachelor of Science degree and a Master of Accountancy degree, both from Manchester College. In connection with his appointment as interim Chief Financial Officer, Mr. Hundt will enter into an indemnification agreement with the Company in the form entered into between the Company and its executive officers.

The Company expects to enter into a transition and separation agreement with Mr. Millard, pursuant to which he will provide transition services as requested by the Company's Board of Directors (the "Board") for up to three months and will continue to receive his existing compensation during the transition period.

In addition, on March 12, 2013, the Board increased its size from nine to 10 directors and appointed Angela R. Hicks Bowman, the Company's Chief Marketing Officer, to fill the newly created position, effective immediately. Ms. Hicks Bowman will serve as a Class II director and will stand for reelection at the Annual Stockholders Meeting in 2013. Ms. Hicks Bowman will not receive additional compensation for her service as a director.


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