IAC (IACI) Names Former Panera Bread (PNRA) CFO Jeff Kip Executive VP and CFO

February 7, 2012 4:37 PM EST
IAC (Nasdaq: IACI) announced today that Jeff Kip will join IAC as Executive Vice President & Chief Financial Officer. Mr. Kip succeeds Thomas J. McInerney, whose intended departure after more than 12 years with the Company was announced last summer.

"Jeff has great experience and a strategic mind. I'm excited about the contributions he's sure to make here at IAC in the coming years," said Greg Blatt, CEO, IAC.

Mr. Kip joins IAC from Panera Bread (Nasdaq: PNRA) where he most recently served as Executive Vice President and Chief Financial Officer since 2006. He will officially step down from Panera in March and will begin at IAC shortly thereafter.


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