Glenn Schiffman
Director at ANGI
Board
About Glenn Schiffman
Glenn H. Schiffman (age 55) has served as an independent Class II director of Angi since June 2017; he is currently EVP & CFO of Fanatics, Inc., and previously served as EVP & CFO of IAC and twice as Angi’s CFO. He holds a degree in economics and history from Duke University and was named Institutional Investor’s CFO of the Year for the Midcap Internet sector in 2018 and 2021. His core credentials span corporate finance, M&A, risk management, capital markets, and investment banking, bringing high financial literacy to Angi’s board .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Angi Inc. | Chief Financial Officer | Sep 2017–Aug 2019; Feb 2021–Jul 2021 | Led finance during key transitions; deep knowledge of Angi’s businesses |
| IAC | EVP & Chief Financial Officer | Apr 2016–Aug 2021 | Provided strategic M&A/financing oversight across IAC portfolio |
| Fanatics, Inc. | EVP & Chief Financial Officer | Aug 2021–present | Oversees corporate finance, M&A, treasury, FP&A, IR, accounting, info security, HR, legal, admin |
| Guggenheim Securities | Senior Managing Director | From Mar 2013 (end date not disclosed) | Investment banking/capital markets leadership |
| The Raine Group | Partner | Sep 2011–Mar 2013 | Tech/media/TMT advisory and investing |
| Lehman Brothers | Co-Head, Global Media | 2005–2007 | Sector leadership, media investment banking |
| Nomura (after Asia business acquisition) | Head, IB Asia-Pacific; Head, IB Americas | Apr 2007–Jan 2010; Jan 2010–Apr 2011 | Regional leadership across IB functions |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Match Group, Inc. | Director; Audit Committee member | Director since Sep 2016; Audit Committee since 2025 | Financial oversight as audit committee member |
| Vimeo, Inc. | Director; Chairman of the Board | Director since May 2021; Chairman since Mar 2023 | Board leadership and governance |
| National Committee on U.S.-China Relations | Member | Not disclosed | Policy/relations engagement |
| Duke Children’s National Leadership Council | Member | Not disclosed | Philanthropy and community leadership |
| Philanthropy (Valerie Fund Endowment; Duke Medical Center; W&L Women’s Athletics; Duke Scholarships) | Founder/Chair or Benefactor | Not disclosed | Endowments focused on lasting impact |
Board Governance
- Independence: The Board determined Schiffman is independent; no relationships precluding independence were identified for him. Audit, Compensation & Human Capital, and Nominating & Corporate Governance Committees meet SEC and Nasdaq independence standards .
- Committee assignments: Schiffman chairs the Nominating & Corporate Governance Committee (members: Schiffman and Tom Pickett; committee formed at spin-off completion on Mar 31, 2025) .
- Attendance: In 2024, the Board met 6 times and acted by written consent 3 times; all incumbent directors attended at least 75% of Board/committee meetings .
- Executive sessions: Independent directors meet in executive sessions at least twice per year; Angi does not have a lead independent director for these sessions .
- Board classification: Schiffman is a Class II director; Class II terms expire at the 2026 annual meeting (Board divided into classes at Mar 31, 2025 spin-off) .
Fixed Compensation
| Year | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| 2024 | $50,000 | $249,993 | $299,993 |
- 2024 non-employee director arrangements: Annual cash retainer $50,000; Audit members $10,000; Compensation & Human Capital members $5,000; Committee chairs: Audit $20,000, Compensation & Human Capital $20,000; retainers paid quarterly, in arrears .
- Post spin-off (Mar 31, 2025): Nominating & Corporate Governance members $5,000; Chair $20,000 .
Performance Compensation
| Component | Terms | Performance Metrics | Change-in-Control Treatment |
|---|---|---|---|
| Annual RSU grant | $250,000 grant value upon initial election and annually upon re-election; vests in equal installments over 3 years; forfeiture upon service termination; directors may elect to defer vesting/settlement | None disclosed (time-based RSUs for directors; no revenue/EBITDA/TSR metrics tied to director equity) | Full acceleration of unvested RSUs upon a change in control of Angi |
Other Directorships & Interlocks
| Company | Overlap/Interlock | Notes |
|---|---|---|
| Vimeo, Inc. | Schiffman: Chairman; Haas: Director | Both Schiffman and Alesia J. Haas serve on Vimeo’s board, creating information flow interlock with another Angi independent director . |
| Match Group, Inc. | Schiffman: Director; Audit Committee member | Historical IAC tie-ins (IAC was former parent); Schiffman’s audit role adds financial oversight experience . |
- Historical parent-company relationships: Angi completed a spin-off from IAC on Mar 31, 2025; ongoing tax sharing and employee matters agreements govern residual interactions. Board reaffirmed independence for committee members post spin-off .
Expertise & Qualifications
- Financial expertise: Former CFO of IAC and Angi; current CFO of Fanatics; high financial literacy with risk management and transaction experience .
- Capital markets and M&A: Prior investment banking leadership at Lehman and Nomura; Guggenheim and Raine roles add deal and TMT sector depth .
- Recognition: Institutional Investor CFO of the Year (Midcap Internet) in 2018 and 2021 .
- Education: Duke University, economics and history .
Equity Ownership
| Holder | Shares Owned | % of Class | Unvested RSUs (12/31/2024) |
|---|---|---|---|
| Glenn H. Schiffman | 1,858 | <1% | 241,320 |
- Outstanding shares: 47,950,314 Angi Class A shares outstanding as of Apr 21, 2025 (context for ownership %) .
- Hedging/pledging: Angi prohibits hedging and pledging by directors, officers, and employees .
- Director ownership guidelines: Angi emphasizes director ownership via RSU grants; specific quantitative stock ownership guidelines are disclosed for NEOs, not for directors .
Governance Assessment
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Strengths:
- Deep finance and transaction expertise enhances board oversight of strategy, capital allocation, and risk, with prior CFO roles at Angi and IAC and current CFO role at Fanatics .
- Independent status reaffirmed post spin-off; committees comprised solely of independent directors .
- Active governance role as Chair of Nominating & Corporate Governance Committee established at spin-off, leading director nominations and board self-assessments .
- Compliance infrastructure: Clawback policy adopted in 2023 per Nasdaq rules; strict hedging/pledging prohibitions .
- Attendance: At least 75% attendance threshold met by all directors in 2024; board held six meetings and three written consents .
-
Potential RED FLAGS / Watch items:
- Low direct share ownership (1,858 shares; <1%) relative to unvested RSUs (241,320), which may temper “skin in the game” optics despite time-based equity .
- Interlocks with Vimeo (with another Angi independent director also on Vimeo’s board) and historic ties to IAC ecosystem could raise perceived related-party exposure; however, the Board states no relationships interfering with independence were identified .
- Director RSUs fully accelerate upon change in control (time-based awards), which can be viewed as less performance-linked versus PSU structures typical for executives .
Overall governance signal: Schiffman’s extensive CFO and capital markets background, plus current committee chair role, support board effectiveness in nominations and governance. Independence and policy frameworks are robust post spin-off, though monitoring ownership alignment and interlocks is prudent .