Companies
Oisín Hanrahan steps down from Nasdaq-listed Angi as company’s valuation collapses
Irish entrepreneur is leaving 20 months after taking over as chief executive with the company currently trading at $2.95 a share versus $13.30 a year ago
Irish entrepreneur Oisín Hanrahan has stepped down as chief executive of Nasdaq-listed Angi, whose market cap has fallen from over $7 billion (€7.2 billion) to $1.48 billion in just over a year.
Hanrahan took over as chief executive of the Angi group in February 2021, two years after it acquired Handy, a booking system for pre-screened cleaning and DIY staff, that the entrepreneur co-founded with Umang Dua.
The Irishman's reign has coincided with a significant ...
