Angi names Michael Steib CEO to drive AI-focused strategy
Summary
Digital home-improvement platform Angi has appointed Michael Steib as its new chief executive officer, effective immediately, to spearhead the company’s strategy to emphasize artificial intelligence. Steib succeeds Jeff Kip, with Joey Levin moving from Executive Chairman to Chairman of the board. Under Steib's leadership, Angi aims to accelerate its growth by leveraging AI, building on initiatives where it is already piloting sponsored agents in ChatGPT and integrating with Google Gemini to enhance its AI ecosystem for users.
Analysis
Angi: Angi is a leading digital home services marketplace that connects homeowners with local professionals for projects ranging from plumbing and electrical work to remodeling and landscaping. The company operates primarily in the US and internationally through various brands and platforms, emphasizing tools for research, planning, and hiring. In the context of this news, Angi has appointed Michael Steib as CEO to accelerate its focus on artificial intelligence as part of a broader shift from turnaround efforts to growth initiatives. Michael Steib: Michael Steib is an experienced executive with a track record of leading digital platforms in media, tech, and commerce, most recently serving as president and CEO of TEGNA until its acquisition in March 2026. He previously held CEO roles at Artsy, an online art marketplace, and XO Group, parent of The Knot, where he focused on building category-leading digital products. In this news, Steib has been named CEO of Angi to oversee strategy and drive the company's AI-focused transformation, while remaining on its board. AI Initiatives: Angi is among the first brands piloting sponsored agents in ChatGPT and has integrated as a connected app in Google Gemini to enhance its AI ecosystem for homeowners and professionals. Leadership Change: Michael Steib succeeds Jeff Kip as CEO effective immediately, with Joey Levin transitioning from Executive Chairman to Chairman of the board. Strategic Direction: The company is transitioning from a turnaround phase to growth by leveraging AI to improve products and operations.
Categories
aitechmachine_learning
Related sources
- https://www.bitget.com/news/detail/12560605860514
- https://markets.ft.com/data/announce/detail?dockey=1330-9832212en-1LVSN2VCSE9K0161LHMBBNM7DA
- https://people.equilar.com/bio/person/michael-steib-tegna-inc/100547
- https://geo.sig.ai/brands/angi-angies-list
- https://ir.angi.com/board-of-directors
- https://www.wtoc.com/2026/06/23/homeowners-urged-plan-maintenance-costs/
- https://www.stocktitan.net/sec-filings/ANGI/form-4-angi-inc-insider-trading-activity-132c01df90ee.html
- https://markets.businessinsider.com/news/stocks/angi-appoints-michael-steib-as-ceo-1036566115
- https://people.equilar.com/bio/org/angi-inc/13197838
- https://virginiabusiness.com/media-2025-michael-steib/
- https://ir.angi.com/news
- https://ir.angi.com/static-files/9c59109d-4030-443e-a070-2df960b0d437
- https://stockanalysis.com/stocks/angi/company/