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News Stories Monday, April 30, 2007   
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IAC names new head of business development


IAC/InterActiveCorp has appointed Jim Safka, previously the executive in charge of Match.com, as CEO of its newly created business development organization. The mission of the yet-to-be-named company will be to identify new business opportunities for IAC, ranging from start-up ventures to existing entities.

The mission of the new company will be to identify new business opportunities for IAC, ranging from start-up ventures to existing entities in various stages of development. The new company also will actively seed and incubate new concepts for IAC, No. 23 in the Internet Retailer Top 500 Guide.

Safka previously served as CEO of Match.com, another IAC company. Safka joined Match.com in September 2004 from AT&T Wireless, where he served as vice president and general manager of e-commerce.

Safka also spent five years at E*Trade Financial Corp., most recently as vice president of marketing. He started his technology marketing career at Intuit and also held brand and product management positions at Alberto-Culver Inc., Warner Bros. Inc. and Paramount Pictures.

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