DENVER, June 24, 2021 (GLOBE NEWSWIRE) – Today Angi Inc. (NASDAQ: ANGI), a leading, comprehensive solution for all home needs, announced the appointment of Jeff Pedersen as Chief Financial Officer, effective July 19, 2021. Mr. Pedersen brings decades of financial leadership from Amazon, Dell and IBM, as well as deep expertise in the home services category from his time as Chief Financial Officer of Handy, where he played a key role in the growth of the company during its formative years. . As Chief Financial Officer, Mr. Pedersen will oversee the company’s financial and accounting operations to further Angi’s mission of helping people love where they live.
“We are in a time of transformation at Angi, developing and evolving our solutions and our brand and offering a fundamentally new way for people to engage with home care. We are delighted to recruit a CFO with extensive technology and market experience to accelerate the business, ”said Oisin Hanrahan, CEO of Angi. “Jeff brings to Angi key expertise in technology finance since his time at Amazon, Dell and IBM and fully understands the opportunities and challenges of scaling a home service business since his time at Handy. He brings a good balance between financial strategy and operational leadership which will position Angi for continued growth. “
Over the past two decades, Angi has successfully built the preeminent US home services market, creating a network of trusted service professionals and providing consumers with multiple ways to find the right service professional for every job. Angi is now disrupting home services with Angi Services, the discounted reservation product that allows consumers to instantly purchase home service directly from Angi.
Mr. Pedersen brings more than 25 years of technology finance experience to Angi. He most recently served as Operating Partner at Stripes, where he played a key role in new investments and provided financial support and advice to companies in his portfolio, as interim CFO for companies such than Stella & Chewy’s and Udemy. Prior to Stripes, Mr. Pedersen was CFO of Handy, head of hard finance at Amazon, and in charge of financial strategy across multiple lines of business at Dell. Mr. Pedersen began his career at IBM. Mr. Pedersen holds a Master of Science in Management with a concentration in Finance from Purdue University and a Bachelor of Commerce from Iowa State University.
“Angi is transforming the way people take care of their homes and I am thrilled to be a part of the transformation,” said Mr. Pedersen. “I look forward to bringing my financial strategy experience to the market to Angi to accelerate its market leadership. I look forward to working with Oisin and the entire Angi team again to drive growth, financial discipline and innovation. “
About Angi Inc
Angi Inc. (NASDAQ: ANGI) is your home for everything in the home, a complete solution for all of your household needs. From repairs and renovations to products and financing, Angi transforms every touchpoint in the customer journey. With over 25 years of experience and a network of nearly 250,000 professionals, we have helped over 150 million people with their home needs. Angi is your partner for every step of your home care journey.
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