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IACI > SEC Filings for IACI > Form 8-K on 20-Dec-2013All Recent SEC Filings

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Form 8-K for IAC/INTERACTIVECORP


20-Dec-2013

Change in Directors or Principal Officers, Financial Statements and Exhibits


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

IAC/InterActiveCorp ("IAC") announced that it is reorganizing and that Gregory R. Blatt, the Company's Chief Executive Officer, has left the role of CEO and has become Chairman of the newly created Match Group, which will initially consist of IAC's Match businesses, Tutor.com, DailyBurn and IAC's investment in Skyllzone. In this capacity, Mr. Blatt will continue to report directly to Barry Diller, the Chairman and Senior Executive of IAC. In connection with this reorganization, on December 18, 2013, Mr. Blatt entered into a new employment arrangement with IAC. A summary of the key terms of Mr. Blatt's new employment agreement and related matters is set forth in Exhibit 99.1 hereto and incorporated herein by reference.

In addition, as of December 18, 2013, Mr. Blatt resigned as a member of IAC's Board of Directors. As a result of Mr. Blatt's changed role, he ceased to be an executive officer of IAC (as defined under the rules and regulations promulgated by the Securities and Exchange Commission).



Item 9.01 Financial Statements and Exhibits.

(d)

Exhibits to this Form 8-K

Exhibit No. Description

99.1 Summary of Key Terms of G. Blatt's Employment Arrangements

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