Angi names Michael Steib CEO in AI-focused shift

Angi (ANGI) has named Michael Steib as its new chief executive officer of the digital home services marketplace, with the appointment effective immediately. Steib succeeds Jeff Kip and will remain a member of Angi’s board while taking charge of the company’s executive team. His responsibilities include overseeing overall strategy and the day-to-day management of the business.

The leadership change is framed around an AI-focused turnaround, with Angi positioning artificial intelligence as a central tool to enhance its platform. The company operates a digital marketplace that connects homeowners with home-improvement and other service professionals, and its latest leadership move is intended to support the next phase of this model.

With Steib assuming the CEO role, former chief executive Jeff Kip will transition to an advisory position for six months. This advisory period is intended to help ensure continuity and a smooth handover of responsibilities during the early phase of Steib’s tenure. Kip’s shift maintains his involvement with Angi while formal leadership passes to Steib.

At the board level, Joey Levin is moving from his role as Executive Chairman of the Board to Chairman, effective immediately. This adjustment aligns with the broader leadership changes and places Levin in a continuing governance role as the company pursues its updated strategic focus.

Company statements emphasize that artificial intelligence will be central to Angi’s plans under Steib’s leadership. The strategy focuses on using AI to improve products for both sides of its marketplace: homeowners seeking services and professionals looking for new business. Steib highlighted the mission of helping homeowners and delivering work to professionals, and said the company will use AI to make its products better for both groups.

Angi also underscored an intention to move with urgency in implementing AI-driven improvements. Steib pointed to what he sees as opportunities for upside in near-term profitability as these initiatives are rolled out. The company describes the current AI environment as offering significant opportunities and links Steib’s appointment to capturing this potential.

Under the new leadership arrangement, Angi is aligning its executive and board structure behind an AI-centric strategy. Steib will lead the executive team through operational changes aimed at product enhancement and financial performance. Levin’s role as Chairman and Kip’s temporary advisory position provide continuity around the transition.

The leadership and governance changes were detailed in a company statement dated September 22, 2026. With these moves now effective, Angi is signaling a focus on technology-led improvements to its marketplace and on realizing profitability benefits tied to those efforts.