ANGI Homeservices makes CEO change, with Oisin Hanrahan taking over
ANGI Homeservices Inc. (ANGI) announced Wednesday afternoon that Chief Product Officer Oisin Hanrahan would be taking over as the company's chief executive effective immediately. Hanrahan replaces Brandon Ridenour, who is stepping down from the CEO post. "As we continue to build an amazing experience for homeowners and service professionals, we're grateful to have an exceptional product visionary in the organization to step into the role of CEO," ANGI Homeservices Chairman Joey Levin said in a statement that praised Hanrahan's "winning entrepreneurial spirit." Shares of ANGI, which runs platforms for finding home-improvement providers, were up 5.5% in after-hours trading Wednesday. The stock has added 24% over the past three months as the S&P 500 has risen 8%.
-Emily Bary; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
February 24, 2021 16:23 ET (21:23 GMT)
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