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Sam Yagan '05 Named CEO of Match.com

ARTICLE BY: Lynne Marek

Crain's Chicago Business

October 23rd 2012

Congrats to Siebel Scholar Sam Yagan (Stanford GSB, Class of 2005), founder of OKCupid.com, who has been appointed CEO of Match Inc.

Thanks to Jason Heltzer, Chicago Booth, Class of 2002, for sharing this news. 

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IAC/Interactivecorp, the media and Internet company that runs websites such as Match.com and Ask.com, has appointed Sam Yagan to the newly created position of CEO of Match Inc.

  - Sam Yagan -
 

Mr. Yagan last year sold the dating site he founded, OKCupid.com, to IAC, the parent of Dallas-based rival Match.com, for $90 million. He remained CEO of OKCupid after the sale. He'll have oversight of IAC's online dating and related operations, which include 37 brands in some 25 countries, the company said in a news release. Mr. Yagan — a member of Crain's 40 Under 40 Class of 2011 and Crain's 2012 Tech 50 list — wasn't immediately available to comment.

Despite his travel for work at Match.com, Mr. Yagan has kept a prominent presence in Chicago, where he lives and has played a role in building Excelerate Labs, which mentors entrepreneurs and seeks to attract startups and venture capital to the city. He'll continue working with the program, said Troy Henikoff, CEO of Excelerate, which he co-founded with Mr. Yagan in 2009.

“We'll still get some of his time and efforts,” said Mr. Henikoff, who noted that Mr. Yagan works from the Excelerate office one or two days per week and has increased his commitment to the program in August when he takes vacation from IAC. “It will be a great ride for him, but I don't think it's going to impact Excelerate much at all.”

In addition, Mr. Henikoff has agreed to remain as CEO of Excelerate next year, he said.

IAC also announced that Mandy Ginsberg, who has been president of Match.com, was promoted to CEO of Match.com. The changes will allow IAC CEO Greg Blatt, who had been more closely overseeing the Match operations, to turn more responsibilities over to Mr. Yagan and Ms. Ginsberg, said IAC spokeswoman Justine Sacco.

Read the original article at http://www.chicagobusiness.com/article/20121023/NEWS08/121029955/yagan-moves-up-at-match-com