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IAC Appoints Steven Cutler and Emily Keeton as Co-Heads of M&A

Wednesday, August 24, 2016 - 09:00

NEW YORK, August 24, 2016 -- IAC (NASDAQ: IAC) today announced the appointments of Steven Cutler and Emily Keeton as Co-heads of Mergers and Acquisitions, reporting directly to Glenn H. Schiffman, Chief Financial Officer, IAC. With over 30 years of combined experience, Mr. Cutler and Ms. Keeton will oversee M&A activity across the IAC portfolio, as well as identify new opportunities outside of the company’s existing focus areas. The appointments are effective immediately.

“Steven and Emily are seasoned leaders who bring extensive Internet and media industry experience, impressive track records and long careers executing transactions for many leading media companies,” said Glenn H. Schiffman, CFO, IAC. “We are thrilled to welcome them both to IAC as we continue to evaluate opportunities for our existing assets as well as selectively look at new areas for expansion.”

Mr. Cutler joins IAC from Pilot Group, a New York-based private equity firm managing approximately $850 million in capital, where he has been a Partner since 2006, overseeing and executing acquisitions and sales of portfolio companies. In addition to this role, Mr. Cutler was Executive Vice President, Business Development and Corporate Strategy at iHeartMedia, where he led global acquisitions and divestitures, as well as served as the company’s representative on the Board of the National Association of Broadcasters. Previously, Mr. Cutler was an investment banker at Bank of America Merrill Lynch, where he worked on M&A and capital markets transactions for media/telecom and consumer/retail companies. Mr. Cutler holds an M.B.A. from Columbia Business School and a B.A. from Brown University.

Ms. Keeton recently served as Co-founder and CEO of Flavour, a food and restaurant discovery app acquired by Tasting Table Media in 2015. Prior to this, Ms. Keeton was Senior Vice President and Head of Corporate Development at Scripps Networks Interactive, where she was responsible for M&A, partnerships and international strategic development. Previously, Ms. Keeton served as Senior Vice President of Corporate Development at Ascent Media Group Inc., as well as Managing Director in the Media and Telecommunications Investment Banking division at Credit Suisse, where she worked on financing and strategic transactions for media and entertainment companies. She received her M.B.A. from Harvard Business School and her B.A. from Columbia University.

About IAC

IAC (NASDAQ: IAC) is a leading media and Internet company comprised of some of the world’s most recognized brands and products, such as HomeAdvisor, Vimeo,,, The Daily Beast, Investopedia, and Match Group’s online dating portfolio, which includes Match, OkCupid and Tinder. The company is headquartered in New York City and has offices worldwide. Learn more at

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