Shannon Shaw
About Shannon Shaw
Shannon M. Shaw, age 50, is Chief Legal Officer and Secretary of Angi, a role she has held since March 2019; she oversees all legal and compliance matters across Angi’s brands and businesses . Prior roles include Chief Counsel, Americas at dormakaba (2018–2019), General Counsel/Chief Legal Officer at Angie’s List (2011–2018), and labor & employment attorney at Barnes & Thornburg LLP (2003–2011) . Company performance context during her tenure is summarized below.
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Company TSR ($100 initial investment) | $155.79 | $108.74 | $27.74 | $29.40 | $19.60 |
| GAAP Net Earnings (Loss) ($) | $(6,283,000) | $(71,378,000) | $(128,450,000) | $(40,940,000) | $36,000,000 |
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| dormakaba Inc. | Chief Counsel, Americas | Aug 2018 – Mar 2019 | Oversaw legal operations for North America, Mexico and South America . |
| Angie’s List | General Counsel / Chief Legal Officer | Sep 2011 – Apr 2018 | Led all legal matters during key growth and brand consolidation phases . |
| Barnes & Thornburg LLP | Labor & Employment Attorney | Sep 2003 – Sep 2011 | Litigated for companies; advised on federal and state labor and employment law compliance . |
| Clarian Health Partners | Media Relations Coordinator | 1997 – 2000 | Corporate communications for a large hospital conglomerate . |
External Roles
No public company board service or committee roles are disclosed in Angi’s proxy biography for Ms. Shaw .
Fixed Compensation
- Ms. Shaw is not listed among Angi’s named executive officers (NEOs) in the 2024 and 2025 proxies; therefore, specific base salary, target bonus and actual bonus amounts are not disclosed for those years . She was included among non-CEO NEOs for 2022 solely for SEC pay-versus-performance averaging, but individual line-item compensation is not presented for her in the 2024 proxy .
Performance Compensation
- Angi’s annual cash bonus program for executive officers is discretionary and non-formulaic; the Compensation and Human Capital Committee considers revenue growth, profitability, strategic achievements, and individual performance without quantified weightings . Long-term incentives are primarily RSUs; options have not been a component of recent equity compensation awards at Angi or its affiliates .
Equity Ownership & Alignment
| Holder | Shares Owned | % of Class | Outstanding Shares | Record Date |
|---|---|---|---|---|
| Shannon Shaw | 53,089 | * (less than 1%) | 47,950,314 | April 21, 2025 |
- Beneficial ownership includes RSUs scheduled to vest within 60 days of the record date; no assumption of vesting/conversion of others’ securities is made .
- Hedging and pledging of Angi stock by directors, officers and employees are prohibited under Angi’s securities trading policy, reducing misalignment and forced-selling risk .
- Stock ownership guidelines apply to NEOs (as of 2025: CEO 100,000 shares; CFO 12,500; other NEOs 7,500; retention of 25% of net shares until compliant). Compliance status is disclosed for certain NEOs; Ms. Shaw is not currently a NEO so no guideline status is provided .
Employment Terms
- Employment Agreement: Angi’s 2024 Form 10-K lists “Employment Agreement between Shannon Shaw and ANGI Homeservices Inc., dated February 22, 2019,” confirming an active executive employment contract on file .
- Severance (historical disclosure for Ms. Shaw in 2023 proxy context): Upon a “Qualifying Termination,” Ms. Shaw would have been entitled to salary continuation for the Severance Period and partial vesting of RSUs equal to awards scheduled to vest during the Severance Period; “good reason” included material diminution in base salary, title/duties/responsibilities, or material relocation without consent .
- Change-of-Control: Angi equity awards for NEOs and certain executive officers generally include double-trigger acceleration (vesting accelerates if an involuntary termination occurs within two years after a change in control). This framework supports retention through transactions; performance-based PSU treatment differs per award terms .
Compensation Structure vs Performance Metrics
- Annual bonuses are discretionary and not tied to fixed performance weights; Committee factors include revenue and profitability outcomes alongside strategic and operational achievements, and market data from Compensia is considered in setting bonus levels .
- Long-term equity favors RSUs aligned to retention and forward-looking performance; stock options have not been granted in recent years, limiting option-driven sell pressure .
Vesting Schedules and Insider Selling Pressure
- Company-wide practice emphasizes RSUs that typically vest in equal annual installments for NEO grants; options are minimal in recent years, lowering forced exercise dynamics . Specific RSU/option holdings and vesting schedules for Ms. Shaw are not disclosed in 2024–2025 proxies.
Equity Ownership Alignment and Pledging
- Policy prohibits hedging and pledging, including margin accounts and short sales, limiting misalignment and leverage-driven selling risks .
Clawback and Trading Controls
- Angi adopted a Dodd-Frank/Nasdaq-compliant clawback policy in 2023 mandating recovery of erroneously awarded incentive compensation from current/former executive officers after qualifying restatements, irrespective of misconduct .
- Securities trading policy governs insider transactions and blackout periods; Ms. Shaw frequently signs Company SEC filings as Chief Legal Officer, reflecting central compliance oversight .
Investment Implications
- Alignment: RSU-centric equity, prohibitions on hedging/pledging, and stock ownership guidelines (for NEOs) support long-term alignment and reduce mechanical selling risk .
- Retention: Double-trigger change-of-control vesting and salary continuation upon qualifying terminations are designed to retain key executives through strategic transitions; Ms. Shaw’s 2019 employment agreement and historical severance terms are consistent with Angi’s framework .
- Execution/Compliance: As Chief Legal Officer & Secretary, Shaw oversees legal/compliance and is delegated authority alongside the CFO to grant equity awards to non-executive recipients under defined limits, signaling central influence over human capital incentives and governance rigor . Company TSR and GAAP earnings show mixed multi-year performance, with 2024 returning to positive GAAP earnings, but TSR remained depressed—suggesting continued emphasis on operational improvements and incentive alignment to drive shareholder value .