DENVER:Home services giant Angi Inc. (NASDAQ: ANGI) announced today the promotion of Jeff Kip to the position of Chief Executive Officer.

Jeff Kip, who has been with Angi and its parent company IAC in various executive roles, steps into the CEO role effective immediately, taking over from Joey Levin.

Levin will maintain his involvement with Angi as the Chairman of the Board.

Kip’s tenure at Angi began in 2016 as the CEO of the international division, followed by his role as President since November 2023.

His extensive experience includes a previous CFO position at IAC and a six-year stint as CFO at Panera Bread Company, along with earlier roles at UBS and Goldman Sachs.

Founded in 1995, Angi has been a pioneer in connecting homeowners with home service professionals.

Celebrating over 25 years of service, the company has facilitated home improvement for more than 150 million customers and has been instrumental in the growth of numerous local businesses across the nation.

“Through multiple roles, Jeff Kip has been a student of the Angi business, first as CFO of IAC, then serving as CEO of Angi’s International business for nearly eight years and most recently as President of Angi,” said Joey Levin, CEO of IAC and Chairman of Angi.

“During his tenure with Angi, he engineered the integration of multiple different product and technology platforms across six countries, driving the International business to healthy growth with expanding margins – an inspiring blueprint for Angi’s future.”

“It is an honor to be asked to serve in this role for Angi during this next phase,” said Jeff Kip, CEO of Angi.

“I am looking forward to continuing to partner with Joey, the Board and the talented team at Angi to finish what we’ve started and make Angi the first place both homeowners and pros turn to get jobs done well.”