IAC/Interactivecorp Annual Shareholders Meeting Transcript

May 14, 2021 / 03:00PM GMT
Operator

Good day, and welcome to IAC's 2021 Annual Meeting of Stockholders. Please note that today's meeting is being recorded. At this time, I would like to turn the proceedings over to Mr. Joey Levin. Please go ahead, sir.

Joseph M. Levin - IAC/InterActiveCorp-CEO&Director

Good morning. I'm Joe Levin, Chief Executive Officer of IAC. On behalf of the company, I'd like to welcome you to IAC's Annual Meeting of Stockholders. I'd like to introduce Glenn Schiffman, IAC's Chief Financial Officer; and Kendall Handler, IAC's General Counsel and Secretary, who are here with me today. Ms. Handler is serving as the secretary of the annual meeting. The purpose of the 2021 IAC Annual Meeting is to vote on a number of proposals related to the separation of the Vimeo businesses from IAC, which we refer to as the spin-off, elect 12 members of the IAC Board of Directors, ratify the appointment of the company's auditors for 2021 and vote on an advisory basis on 2 executive compensation-related proposals and approve other related

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