Match settles dispute with Anson Funds, adds new director to board

FILE PHOTO: Match Group logo and stock graph are seen in this illustration taken, May 1, 2022. REUTERS/Dado Ruvic/Illustration/File photo

(Reuters) - Online dating company Match Group will add a consumer-technology executive to its board and lay the groundwork for all directors to stand for election annually, ending a dispute with shareholder Anson Funds.

The company, valued at $7.6 billion, said on Tuesday that Kelly Campbell, the former president of NBCUniversal's Peacock, will become a director.