IAC, Sofi and Joey Levin

The CEO of Barry DIller's InterActive Corp. is departing to become executive chairman of Angi as it spins off from IAC.
The company does not plan to appoint a new CEO, but will have leadership reporting to Diller, chairman of IAC.
IAC said it will spin off its ownership in home repair services provider Angi to its shareholders, and CEO Joey Levin will ...