IAC: Liberty Media Out, Barry Diller Not Quite Out But No Longer CEO, Greg Blatt Succeeds Diller

Changes aplenty were announced by IAC Thursday morning, as Barry Diller (left) removed himself from the CEO spot, remaining with the company as chairman and senior executive; a match was found in Match.com CEO Greg Blatt (right) to succeed Diller; and Liberty Media swapped its equity stake in IAC for all of the capital stock of a wholly owned IAC subsidiary that includes properties such as Evite and Gifts.com.

Blatt has been CEO of Match.com since early 2009, after spending more than five years in various senior-management posts with IAC — executive vice president, general counsel, and a member of the office of the chairman.

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