Angi Inc. (NASDAQ: ANGI) has named Julie Hoarau as its new chief financial officer, effective March 27, 2026. Hoarau will succeed Andrew Russakoff, who will step down on the same date after a four‑year tenure that began in June 2022.
Hoarau brings more than 20 years of finance and accounting experience, having served as Angi’s chief accounting officer since October 2024 and holding senior roles at publicly traded technology companies such as MongoDB, Aaptiv, Shutterstock, Scanbuy and KVB Partners. She played a key role in Angi’s 2025 spin‑off from IAC, demonstrating her familiarity with large‑scale financial restructuring.
The appointment comes amid a broader effort to tighten costs and consolidate the company’s platform. In January 2026, Angi announced a workforce reduction of roughly 350 employees, a move intended to generate significant annual savings and support a shift toward AI‑driven efficiency gains. The CFO change signals a continued focus on profitability and operational discipline as the company seeks to return to profitable revenue growth in 2026.
CEO Jeff Kip said, "We are pleased to promote Julie to Chief Financial Officer. Julie is a trusted leader with deep financial expertise, high integrity and a deep understanding of our business, strategy and culture." He added, "Rusty has been a great teammate over the last four years. He has worked very hard to improve our margin profile and help us return to profitable growth."
The promotion of an internal leader underscores Angi’s commitment to continuity while it navigates post‑spin‑off challenges. With Hoarau’s experience in cost control and financial transformation, the company is positioned to sustain its platform consolidation strategy and leverage AI to drive further efficiencies, reinforcing its path toward stronger margins and sustainable growth.
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