Angi names Michael Steib CEO to pursue AI and profitability

Angi appointed Michael Steib as CEO effective September 22, 2026, succeeding Jeff Kip. Jeff Kip will advise the company for a six-month transition. Joey Levin transitions from Executive Chairman to Chairman of the Board effective September 22, 2026. Steib remains a member of Angi's board; he most recently was President and CEO of TEGNA, acquired by Nexstar Media Group in March 2026. Steib previously was CEO of Artsy and of XO Group Inc., parent of The Knot, where stock tripled before the WeddingWire merger. Angi stock closed 1.09% higher at $5.54; the firm has 2,300 employees in Internet Services and a HOLD consensus from 8 analysts. No source in the record disputes these core appointment, succession, board, or background facts. Bloomberg's left-rated coverage frames the move as an AI-focused turnaround, while Independent Journal Review's right-rated coverage frames it as a step to pursue AI and profitability. The story broke via Bloomberg on September 22, 2026 at 11:31 PM ET.
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