(Reuters) — Barry Diller’s IAC/InterActiveCorp , which owns popular dating app Tinder, said it hired ex-Lehman Brothers investment banker Glenn Schiffman as its Chief Financial Officer.
A veteran dealmaker in the media and entertainment industries, Schiffman has advised several global clients during a 25-year career and was most recently senior managing director at Guggenheim Securities, the company said.
He succeeds Jeff Kip, who resigned in June last year.
IAC has been reported as a potential buyer for struggling Internet pioneer Yahoo’s core businesses that include news, email and search sites.
New York-based IAC owns Investopedia, video-sharing website Vimeo, as well as dating websites OkCupid and Match.com through its Match Group Inc subsidiary.