Match settles dispute with Anson Funds, adds new director to board
Online dating company Match Group will add a consumer-technology executive to its board and lay the groundwork for all directors to stand for election annually, ending a dispute with shareholder Anson Funds. The company, valued at $7.6 billion, said on Tuesday that Kelly Campbell, the former president of NBCUniversal's Peacock, will become a director. Anson, which owned roughly 0.6% of Match at the end of December, according to a regulatory filing, was pushing to elect three directors to shake up what it called an outdated and insular board.