- 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
NEW
YORK, June 20, 2023 /PRNewswire/ -- Today
IAC (NASDAQ: IAC) announced leadership changes at its Care.com
and Ask Media Group subsidiaries. IAC has appointed Brad Wilson to CEO, who brings more than 20
years of leadership experience at major consumer
technology brands including HBO Max, Disney
Streaming, and IAC progeny LendingTree and
Travelocity. Mr. Wilson succeeds Care.com CEO and 18-year
IAC veteran Tim Allen, who has been appointed CEO at
IAC's Ask Media Group (AMG), a search-based technology
and marketing company. Both changes are effective
immediately.
"As he has done several times previously for IAC, Tim led a
transformation, steadily growing Care.com's revenue and
profitability, and the company is now
preparing for its next phase of growth," said Joey Levin, CEO, IAC. "I'm grateful he'll
now take the reins at a long-time key profit engine for IAC, Ask
Media Group. No one can drive AMG like Tim can, especially as
we enter a new era of AI innovation in search."
Mr. Levin continued, "I'm excited to welcome Brad to
succeed Tim to lead Care.com. His experience driving
subscriber and revenue growth at some of the world's most
recognizable consumer brands in categories like
entertainment, finance, and travel will help Care
grow and enhance our platform to better serve families and
caregivers."
Mr. Wilson previously served as US General Manager at HBO Max
where he also oversaw global growth capabilities that supported the
service's launch to more than 60 countries. At Disney he played a
critical role launching Disney+, growing it to 30 million
subscribers globally. Mr. Wilson also played key roles at
LendingTree and Travelocity driving record customer acquisition and
helping position Travelocity for its successful sale to
Expedia.
Mr. Allen has led Care.com since its acquisition by IAC in
February of 2020, significantly enhancing safety operations,
accelerating growth not only in childcare but also in other
categories including pets and seniors, and delivering new tools to
improve matching of families and caregivers. Throughout his tenure
within IAC, Mr. Allen has played key leadership roles at Vimeo,
Ask.com and dozens more IAC businesses across search,
mobile software and video.
"I'm incredibly proud of the team and what we've accomplished
over these past few years to establish Care.com as a safer and
stronger platform for finding care," said Tim Allen, CEO of Ask Media Group. "The company
has never been stronger making it an ideal moment for Brad to take
the reins as I focus on the exciting new frontier AI brings to the
Ask brand."
"I'm honored to join Care.com, a company committed to
helping to solve the care crisis in
America. There is no issue more relevant to
working families right now," said Mr. Wilson, CEO of
Care.com. "A core theme of my career has been
driving innovation and growth at big consumer
brands and I'm inspired to lead a brand with such a
powerful and important mission. Some of the best experiences of my
career have been with IAC companies and I'm excited to be back
here, building."
About Care.com
Available in more than 17 countries, Care.com is the largest
online platform for finding and managing high-quality family care.
Care.com is designed to meet the evolving needs of today's families
and caregivers, offering everything from household tax and payroll
services and customized corporate benefits packages covering the
care needs of working families, to innovating new ways for
caregivers to book jobs. Since 2007, families have relied on
Care.com's products—from child and elder care to pet care and home
care. Care.com is an IAC (NASDAQ: IAC) company.
About Ask Media Group
Home to the iconic Ask.com, Ask Media Group (AMG) is a
search-based technology and marketing company whose collection of
properties reaches hundreds of millions of people a month globally,
helping them connect with the information they need. AMG is owned
and operated by IAC (NASDAQ: IAC).
About IAC
IAC (NASDAQ: IAC) builds companies. We are guided by curiosity,
a questioning of the status quo, and a desire to invent or acquire
new products and brands. From the single seed that started as IAC
over two decades ago have emerged 11 public companies and
generations of exceptional leaders. We will always evolve, but our
basic principles of financially disciplined opportunism will never
change. IAC is today comprised of category leading businesses
including Angi Inc. (NASDAQ: ANGI), Dotdash Meredith
and Care.com, among many others ranging from early stage to
established businesses. IAC is headquartered in New York
City with business locations worldwide.
Contacts:
IAC Corporate Communications
Valerie Combs
(212) 314-7251
IAC Investor Relations
Mark
Schneider
(212) 314-7400
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SOURCE IAC