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Oisín Hanrahan steps down from Nasdaq-listed Angi as company’s valuation collapses

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Irish entrepreneur is leaving the company 20 months after taking over as chief executive. Angi is 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 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.

 

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