-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CWDWlvUgCk6Prhnf6prKt8BMlVXd0jxLIGlTAIUQFPXV1nSJrVM0o6IntVWWLMgo MOJ0pE7m6cNQOm0wS9kcZQ== 0001157523-09-000360.txt : 20090121 0001157523-09-000360.hdr.sgml : 20090121 20090121160137 ACCESSION NUMBER: 0001157523-09-000360 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090121 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090121 DATE AS OF CHANGE: 20090121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOVE INC CENTRAL INDEX KEY: 0001085770 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 954438337 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26659 FILM NUMBER: 09536766 BUSINESS ADDRESS: STREET 1: 30700 RUSSELL RANCH RD CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 BUSINESS PHONE: 805-557-2300 MAIL ADDRESS: STREET 1: 30700 RUSSELL RANCH RD CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 FORMER COMPANY: FORMER CONFORMED NAME: HOMESTORE INC DATE OF NAME CHANGE: 20021113 FORMER COMPANY: FORMER CONFORMED NAME: HOMESTORE COM INC DATE OF NAME CHANGE: 19990505 8-K 1 a5876846.htm MOVE, INC. 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of report (Date of earliest event reported): January 21, 2009

Move, Inc.
(Exact name of registrant as specified in its charter)

Delaware   000-26659   95-4438337
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)


30700 Russell Ranch Road
Westlake Village, California 91362
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code: (805) 557-2300


 (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


TABLE OF CONTENTS

Item 7.01     Regulation FD Disclosure

Item 9.01     Financial Statements and Exhibits


SIGNATURE
EXHIBIT INDEX
EXHIBIT 99.1


Item 7.01     Regulation FD Disclosure

Move, Inc. issued a press release on January 21, 2009 announcing the appointment of Mr. Steven H. Berkowitz as its new Chief Executive Officer. The press release is filed as Exhibit 99.1 to this report and is incorporated by reference into this report.

Item 9.01     Financial Statements and Exhibits

(d)  Exhibits

       99.1         Press Release dated January 21, 2009 announcing Appointment of Steven H. Berkowitz as the new Chief Executive Officer of Move, Inc.


SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MOVE, INC.

 

Date: January 21, 2009

By:

/s/ Lewis R. Belote, III

Lewis R. Belote, III

Chief Financial Officer


EXHIBIT INDEX

Exhibit No.

  Description
 
99.1

Press Release dated January 21, 2009 announcing Appointment of Steven H. Berkowitz as the new Chief Executive Officer of Move, Inc.

EX-99.1 2 a5876846ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Move, Inc. Names Steve Berkowitz as Chief Executive Officer

LOS ANGELES--(BUSINESS WIRE)--January 21, 2009--Move, Inc. (NASDAQ:MOVE), the leader in online real estate, today announced that Steven H. Berkowitz, a 25-year veteran of the media content, advertising and Internet industries, has been named as the Company’s Chief Executive Officer, effective immediately. Mr. Berkowitz has served on Move’s Board of Directors since June 2008. He succeeds W. Michael Long, who is retiring from the Company and the Board.

Joe Hanauer, Chairman of the Board of Directors, said, “The Board and Mike have been working on succession planning for some time and in Steve we have found someone who can build upon our competitive strengths and solid balance sheet to enhance shareholder value. Steve is a seasoned executive with public company CEO experience and has successfully operated consumer-focused technology businesses. His deep knowledge of content delivery and his comprehensive understanding of the changing advertising and operating environments make him the ideal person to lead the Company into the future. We look forward to leveraging his strong expertise as we position Move to take advantage of the long-term growth opportunities for our customers, partners and shareholders.”

“On behalf of the Board, I want to thank Mike for the many contributions he has made to Move over the past seven years at the helm,” continued Mr. Hanauer. “Mike joined Move at a pivotal time and was instrumental in leading the Company through a very difficult turnaround, from which it emerged as the undisputed market leader. As a result of Mike’s initiatives, Move is now the largest online real estate company, with the best team in the industry, the largest consumer audience, the most advertisers and the most real estate content.”

Mr. Berkowitz said, “I am excited to return to the role of chief executive and to have been chosen to lead Move and our talented group of professionals as we position the Company for continued growth. Move has been a driving force behind the rapid expansion of the online real estate marketplace, and I look forward to building on the Company’s industry leading position and taking Move to the next level of operational and financial performance.”

Mike Long added, “It has been a tremendous honor for me to have been Move’s CEO. Steve absolutely has the credentials and experience to take the Company to the next level of performance excellence.”

Mr. Berkowitz is the former CEO of Ask.com, where he built the management team that orchestrated the turnaround of the search engine, which was purchased by IAC in 2005. Under his leadership, Ask.com became profitable and revenues expanded nearly tenfold. Earlier in his career, he was President and Chief Operating Officer of IDG Books, where he established the Company as a global consumer business under the brands of “…for Dummies”, Frommers, Cliff Notes and others. During his tenure, IDG’s revenues grew from approximately $25 million to roughly $200 million and the Company was successfully taken public.


From 2006 to 2008, Mr. Berkowitz served as Senior Vice President of Microsoft’s Online Services Group, where he was part of a team that oversaw the Company’s online advertising business. This included the advertising global sales force, Microsoft adCenter, Live Search, as well its content and advertising supported channels such as MSN and Windows Live.

Mr. Berkowitz earned a bachelor’s degree in accounting from the State University of New York at Albany. He also serves on the Board of Directors of TheLadders.com.

Conference Call and Webcast

Move, Inc. will conduct a conference call and webcast for the investment community on Wednesday, January 21, 2009, at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time). To participate, please dial (800) 901-5217, or if outside the U.S., (617) 786-2964 with passcode 46127156 to access the conference call at least five minutes prior to the 3:00 p.m. PT start time. An audio replay of the call will be available through 9:00 p.m. PT on January 28, 2009. To access the replay, please dial (888) 286-8010, or if outside the U.S., (617) 801-6888 and enter conference ID number 83911110. The conference call will also be available through simultaneous webcast and replay in the Investor Relations section of the Company’s website at www.move.com.

ABOUT MOVE, INC.

Move, Inc. (NASDAQ: MOVE) is the leader in online real estate with 5.7 million[1] monthly visitors to its online network of websites. Move, Inc. operates: Move.com®, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com®, the official Web site of the National Association of REALTORS®; Welcome Wagon®; Moving.com; SeniorHousingNet™; and TOP PRODUCER® Systems. Move, Inc. is based in Westlake Village, California. For more information: www.move.com.

[1] comScore Media Metrix, December 2008

This press release may contain forward-looking statements, including information about management’s view of Move’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Move, its subsidiaries, divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Move files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Move’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Move cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Move expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.

CONTACT:
Investor Relations:
The Blueshirt Group
Todd Friedman or Stacie Bosinoff, 415-217-7722
todd@blueshirtgroup.com
stacie@blueshirtgroup.com
or
Media:
Move, Inc.
Julie Reynolds, 805-557-3080
Julie.reynolds@move.com
or
Sard Verbinnen & Co
Paul Kranhold or Ron Low, 415-618-8750

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