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Match welcomes two new directors to its board following collaborative discussions with Elliott Management

In This Photo Illustration, The Match Group Inc. Logo Is
Tinder-owner Match Group has appointed two new members to its board of directors and signed an agreement with Elliott Management, the company announced on Monday. Chief marketing officer at Instacart, Laura Jones, and Zillow co-founder Spencer Rascoff, will be joining the board, effective immediately. Match said in a press release that the appointments followed a “a constructive dialogue” with the activist investor, as the two companies have entered in an “information-sharing” agreement. “We appreciate the collaboration with management and the Board over the past several months, and we are confident that Laura Jones and Spencer Rascoff are strong additions to the Board. The activist investor’s push for change at the dating firm follows board shakeups at Crown Castle and Etsy.