Vimeo, Inc. announced the appointment of Glenn Schiffman as its new non-executive Chairman. Mr. Schiffman served as the Chief Financial Officer of IAC, Inc. from 2016 to 2021 and has served as a member of the Company's Board of Directors since its spin-off from IAC in 2021. He also serves as the Chief Financial Officer of Fanatics, Inc. He will succeed Joey Levin, who is stepping down as Chairman and member of the Board of Directors due to his other executive and board commitments, including his recent appointment as CEO of Angi, Inc., his continued service as CEO of IAC, and his positions on the boards of IAC, Angi and MGM Resorts International.

Mr. Levin will continue to stay actively involved in Vimeo as Special Advisor to the board and management. With these changes, the Board of Directors is now composed of ten directors, seven of whom are independent. Mr. Schiffman is expected to be nominated for re-election to the Board of Directors at Vimeo's 2023 Annual Meeting of Stockholders to be held on June 6, 2023.