IAC's Care.com And Ask Media Group Announce Leadership Changes; Tim Allen Assumes CEO Role At IAC's Ask Media Group; Consumer Technology And Digital Media Leader Brad Wilson Succeeds Tim Allen As Care.com CEO
Portfolio Pulse from Happy Mohamed
IAC (NASDAQ:IAC) announced leadership changes at its Care.com and Ask Media Group subsidiaries. Brad Wilson has been appointed as the new CEO of Care.com, succeeding Tim Allen, who will now assume the CEO role at IAC's Ask Media Group.
June 20, 2023 | 8:10 pm
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IAC announced leadership changes at Care.com and Ask Media Group, with Brad Wilson becoming Care.com CEO and Tim Allen taking over as Ask Media Group CEO.
The leadership changes at Care.com and Ask Media Group are expected to have a neutral short-term impact on IAC's stock price. While the changes may bring new perspectives and strategies to the companies, it is not clear how these changes will directly affect IAC's financial performance in the short term.
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