Match Group (NASDAQ: MTCH) has made some significant announcements regarding its board of directors and an information sharing agreement with Anson Funds. The company has appointed Kelly Campbell, the former president of NBCUniversal's Peacock, as a new director to its board in connection with the 2025 annual meeting. With the election of Campbell, over one third of the directors of Match Group will be new to the board over the past year.
In addition, Match Group and Anson Funds have entered into an information sharing agreement to facilitate ongoing collaboration. Anson Funds has agreed to withdraw its director nominations and proposal to declassify the board. The company is also focused on sustainable growth and long-term value creation.
Kelly Campbell brings a wealth of experience, having served as president of Peacock and Hulu, and also having a 12-year tenure at Google. Her expertise in growing streaming businesses and understanding of brand, technology, and global marketing will be a valuable asset to Match Group.
Match Group, through its portfolio companies, including Tinder, Hinge, Match, and others, is a leading provider of digital technologies designed to help people make meaningful connections. The company's services are available in over 40 languages worldwide.
The addition of Kelly Campbell to the board, the collaboration with Anson Funds, and the company's focus on sustainable growth are significant developments for Match Group as it continues to evolve in the digital technologies and online dating space. Following these announcements, the company's shares moved -1.4%, and are now trading at a price of $29.74. For the full picture, make sure to review Match's 8-K report.
