IAC Appoints Bonnie Hammer To Board of Directors

IAC (NASDAQ: IACI) today announced the appointment of Bonnie Hammer to the company's Board of Directors, effective September 12, 2014. An industry leader in media, network programming and branding for close to 40 years, Ms. Hammer serves as Chairman, NBCUniversal Cable Entertainment, where she leads NBCUniversal's entire cable entertainment portfolio including USA, Syfy, E! Entertainment, Bravo, Oxygen, Esquire Network, Sprout, Chiller and Cloo, as well as production entities Universal Cable Productions (UCP) and Wilshire Studios. The networks led by Ms. Hammer are industry frontrunners, consistently generating innovative consumer social and digital experiences reflective of their brands. Under Ms. Hammer's leadership, USA Network achieved the number one position in all of basic cable for a record-setting eight years with a stable of top-rated, Emmy and Golden Globe-honored programs. Bravo, a lifestyle network with a passionate following among women, is ranked in cable's top ten. In addition, Syfy has become a global brand, as well as a top rated cable network and an industry leader in original genre programming in the United States."Bonnie Hammer is a great addition to the IAC Board – she's a superb business woman, programmer and brand builder – all talents our Board discussions will benefit from," Barry Diller, Chairman and Senior Executive, IAC, said.Ms. Hammer has served on the boards of ShopNBC, a 24-hour TV shopping network, the International Radio and Television Society (IRTS) and the Ad Council. She currently serves on the strategic planning committee for Boston University's College of Communication.