IAC Appoints Glenn H. Schiffman as Chief Financial Officer
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IAC (IAC) New CFO Glenn Schiffman Starts With Base Salary of $600K, Awarded 200K Stock Options
April 11, 2016 5:04 PM EDTIAC (NASDAQ: IAC) disclosed that its new Executive Vice President and Chief Financial Officer, Glenn H. Schiffman, will receive a base salary of $600,000 and a grant of 200,000 IAC stock options.
From the filing:
In connection with Mr. Schiffmans appointment, on April 7, 2016, IAC and Mr. Schiffman entered into an employment agreement (the Employment Agreement).
Term. The Employment Agreement has a scheduled term of one year from the effective date (April 7, 2016) and provides for automatic renewals for successive one year terms absent written notice from IAC or Mr. Schiffman... More
