Angi Inc. Appoints Chief Accounting Officer Julie Hoarau as New CFO

summarizeSummary

Angi Inc. announced the appointment of Julie Gosal Hoarau, its current Chief Accounting Officer, as the new Chief Financial Officer, succeeding Andrew Russakoff who voluntarily resigned.

check_boxKey Events

• CFO Resignation

  Andrew Russakoff voluntarily resigned as Chief Financial Officer, effective March 27, 2026. His resignation is not due to any disagreement with the company.

• New CFO Appointment

  Julie Gosal Hoarau, Angi Inc.'s current Chief Accounting Officer, has been appointed to succeed Mr. Russakoff as Chief Financial Officer, effective March 27, 2026. She will also serve as principal financial and accounting officer.

• New CFO Compensation

  Ms. Hoarau's employment agreement includes an annual base salary of $450,000, a discretionary annual cash bonus of up to $400,000, and 78,724 restricted stock units vesting over two years.

• Smooth Transition Planned

  Mr. Russakoff will remain with the company through March 27, 2026, to assist with a smooth transition of responsibilities.

auto_awesomeAnalysis

This 8-K filing details a significant leadership transition at Angi Inc. The voluntary resignation of CFO Andrew Russakoff, while stated as amicable, marks a change in the company's top financial leadership. The appointment of Julie Gosal Hoarau, the current Chief Accounting Officer, as his successor provides continuity, as she is an internal promotion with extensive experience, including her role in the company's spin-off from IAC. Her background at other public companies like MongoDB further strengthens her qualifications. Investors will monitor this transition for any impact on financial strategy and reporting, especially given the recent activist investor activity.