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CEO Of Barry Diller’s IAC Steps Down As Company Announces Spinoff Of Angi Stake
Barry DIller is returning as CEO of InterActive Corp., the diversified digital company he founded in 1995.
IAC CFO and COO Christopher Halpin and Chief Legal Officer Kendall Handler will report directly to Diller after the spinoff, which is expected to be completed in the first half of 2025 but no sooner than March 31. Although some time has passed since Diller’s illustrious run as head of production at Paramount and then as linchpin of Fox as it became the fourth U.S. broadcast network, he remains a revered industry sage. Separate from IAC, he last year considered making an offer for Paramount Global before Skydance Media’s bid prevailed, reflecting later that he had pursued it out of “duty rather than desire.”
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