IAC (IACI) announced that it has appointed Craig Smith as chief executive officer of ServiceMagic Inc. Smith previously served as the Senior Vice President of the company's Consumer Division. ServiceMagic co-founders Rodney Rice and Michael Beaudoin will transition to co-Chairmen of ServiceMagic, and will serve as advisers to the senior management team.
Smith has been with ServiceMagic since 2000, most recently running the company's consumer division where he oversaw consumer marketing and operations. Prior to this, he served as the Vice President of Business Development, where he worked to cultivate strategic business partnerships.
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