IAC will see a change of CEO for its Ask.com search engine. Jim Lanzone is leaving to join venture capital firm Redpoint Ventures as entrepreneur-in-residence. Jim Safka will take over the role of Ask.com’s CEO immediately, as well as retain his title as CEO of Primal Ventures, an IAC investment arm.
Safka served as CEO of IAC’s online dating unit Match.com from 2004 to 2007. He has been credited with cultivating 25 percent annual revenue growth during his tenure and an annual 52 percent rise in operating income before amortization.
In the last year, Ask.com has expanded its services, launched an aggressive marketing campaign, pushed into mobile Web applications and has seen the number of unique users rise.
Lanzone has accomplished a lot during his tenure, and I’m sure Safka will soon realize that it’s not going to be easy taking market share from Google.
Best wishes to Jim Lanzone!