angie's list inc (ANGI) Key Developments
Angie's List, Inc. Announces Executive Changes
Jul 1 15
Angie's List, Inc. announced that William S. Oesterle, its Co-Founder and Chief Executive Officer (CEO), notified the company's Board of Directors of his plans to step down as the company's CEO and as a member of the company's Board following the appointment of his successor. Mr. Oesterle resigned as CEO and from the company's Board effective June 30, 2015. On June 30, 2015, the company announced the appointment of J. Mark Howell, currently the company's Chief Operating Officer, as the company's interim Chief Executive Officer, effective July 1, 2015. Mr. Howell, has served as the company's Chief Operating Officer since March 2013. Prior to joining the company, Mr. Howell worked as President of Ingram Micro Mobility, Americas.
Angie's List, Inc., Annual General Meeting, Jun 09, 2015
Apr 30 15
Angie's List, Inc., Annual General Meeting, Jun 09, 2015., at 10:00 US Eastern Standard Time. Location: The Columbia Club. Agenda: To elect two Class I directors to hold office until the 2018 annual meeting of stockholders or until their respective successors are duly elected and qualified; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the current fiscal year; to approve, by non-binding advisory vote, the compensation of named executive officers; to approve the 2015 Employee Stock Purchase Plan; and to transact such other business as may properly come before the Annual Meeting or any adjournment or postponement thereof.
Angie's List, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 22 15
Angie's List, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $83,543,000 compared to $72,657,000 a year ago. Operating income was $5,282,000 compared to operating loss of $3,307,000 a year ago. Income before income taxes was $4,370,000 compared to loss before income taxes of $3,768,000 a year ago. Net income was $4,360,000 or $0.07 per basic and diluted share compared to net loss of $3,783,000 or $0.06 per basic and diluted share a year ago. Adjusted EBITDA was $8,648,000 compared to adjusted LBITDA of $554,000 a year ago. Net cash provided by operating activities was $21,246,000 compared to $14,945,000 a year ago. Investment in property, equipment and software was $1,116,000 compared to $2,257,000 a year ago. Capitalized website and software development costs was $6,754,000 compared to $3,953,000 a year ago. Investment in intangible assets was $93,000 compared to $390,000 a year ago.
Angie's List, Inc. Presents at 16th Annual B. Riley & Co. Investor Conference, May-13-2015 09:30 AM
Apr 21 15
Angie's List, Inc. Presents at 16th Annual B. Riley & Co. Investor Conference, May-13-2015 09:30 AM. Venue: Loews Hollywood Hotel, Los Angeles, California, United States. Speakers: Thomas R. Fox, Chief Financial Officer.
William S. Oesterle Plans to Step Down from Angie's List as Chief Executive Officer and Member of the Board of Directors
Apr 15 15
Angie's List announced that William S. Oesterle plans to step down as Chief Executive Officer and member of the Board of Directors. Mr. Oesterle has agreed to remain in his current role as CEO until a successor is appointed, and he will serve on the Board of Directors at least through the remainder of his current term. Mr. Oesterle, co-founder of the Company, has served as Chief Executive Officer since January 1999 and on the Board since the inception of Angie's List in June 1995. After 20 years with the Company overseeing significant growth and market expansion, Mr. Oesterle has shared his intention to pursue other interests, including becoming more civically involved in the State of Indiana.