Company: MTCH
Filing Date: 2025-03-03
Form Type: 8-K
Source: 0000891103-25-000030
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Company: Match Group, Inc.
Filing Date: 2025-03-03
Form: 8-K
Item: Item 5.02
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Chief Operating Officer Appointment

On February 28, 2025, Hesam Hosseini was appointed as the Chief Operating Officer of Match Group, Inc. (the “ Company”), effective April 1, 2025 (the “ Effective Date”), in addition to his current role as the Company’s Chief Executive Officer, Evergreen & Emerging Brands.

Mr. Hosseini, age 40, has served as the Company’s Chief Executive Officer, Evergreen & Emerging Brands, since February 2023. Prior to that, he held various positions with the Company since February 2013, including Chief Executive Officer, Match and Match Affinity, from December 2017 to February 2023; Chief Executive Officer, PlentyOfFish, from January 2016 to December 2017; and General Manager, New Initiatives, from February 2013 to January 2016. Mr. Hosseini began his career serving as a Business Analyst for McKinsey & Company. He received a BBA from The University of Western Ontario.

There are no arrangements or understandings between Mr. Hosseini and any other person pursuant to which Mr. Hosseini was selected as an officer. There are no transactions in which Mr. Hosseini has an interest requiring disclosure under Item 404(a) of Regulation S-K.

In connection with the appointment of Mr. Hosseini as the Company’s Chief Operating Officer, the Company entered into an employment agreement with Mr. Hosseini (the “ Hosseini Employment Agreement”), which will take effect on the Effective Date. The material terms and conditions of the Hosseini Employment Agreement are summarized below. Unless otherwise specified, capitalized terms used but not defined below shall have the meanings set forth in the Hosseini Employment Agreement.

The Hosseini Employment Agreement has a scheduled term of one year from the Effective Date and provides for automatic renewals for successive one-year terms absent written notice from the Company or Mr. Hosseini. The Hosseini Employment Agreement provides that, during the term, Mr. Hosseini will be eligible to receive (i) an annual base salary of $635,000, (ii) discretionary annual cash bonuses based on achievement of performance goals targeted at 150% of Mr. Hosseini’s annual base salary, (iii) equity awards as determined from time to time and