Glenn H. Schiffman

Last updated
Glenn H. Schiffman
Born1970or1971(age 54–55) [1]
NationalityAmerican
Education Duke University
Occupation Businessman
SpouseStacy Schiffman

Glenn H. Schiffman is an American businessman, philanthropist, and Chief Financial Officer of Fanatics. He was appointed to the position at Fanatics in August 2021, following his tenure as Chief Financial Officer at IAC. [2] [3] Prior to IAC, he was a Senior Managing Director at Guggenheim Securities. [4]

Contents

Early life and education

Schiffman graduated from Duke University with a B.A. in Economics and History. [5]

Career

Lehman Brothers 1991-2011

He began his career at Lehman Brothers in 1991, where he spent 18 years in roles including Co-Head of the Global Media Group and Head of Asia-Pacific Investment Banking. [6] In these positions, Schiffman helped build the M&A business, leading it to win a number of awards, including FinanceAsia's Momentum House of the Year for 2007 and the number one position in completed M&A deals for 2008. [7]

During his tenure at Lehman Brothers, Schiffman was credited with executing deals in excess of $100 billion. Schiffman was involved in the sale of Lehman's Asian Business to Nomura in September 2008. [8] Schiffman later served as Head of Investment Banking Asia-Pacific and was promoted to Head of Investment Banking for the Americas and CEO of Nomura Securities North America in 2010. [7]

From 2011-2013, Schiffman was a Partner at The Raine Group before becoming a Senior Managing Director at Guggenheim Securities from 2013-2016. [6]

IAC 2016-2020

In 2016, Schiffman joined IAC as Executive Vice President and Chief Financial Officer. [9]

Between February 2016 and February 2017, Schiffman used a capital allocation strategy to sell company assets to focus on more profitable areas of business. Schiffman helped IAC gain $365 million in stocks through buybacks, half of which was funded through company divestments. [10]

Due to his work with brand executives, Schiffman helped the company roster exceed more than 150 brands, such as Match.com and Angi Inc., through deals, financings, and refinancings. [11]

In June 2019, Schiffman published a column in CFO Magazine detailing his business strategies. [12]

CFO of Fanatics 2021

In July 2021, it was announced that Schiffman would take over as CFO of Fanatics. At Fanatics, Schiffman is responsible for overseeing the company's financial operations as it expands into new business areas outside of merchandise. [13] Schiffman also manages a team that focuses on mergers and acquisitions, investor relations, and capital raising, among other responsibilities. [14]

Schiffman has appeared on The Modern CFO podcast and has been interviewed by Sportico, where he discussed his finance strategy at Fanatics. [15] [16] In August 2025, Schiffman was interviewed by CFO, where he discussed his role on the senior management team. [17]

Other roles

Schiffman serves on the Board of Directors of Match Group, [18] Angi [19] and Vimeo, where he also serves as Chairman. [20] He was interim Chief Financial Officer of Angi Inc. from September 2017 until August 2019 and again from December 2020 until June 2021.

He is a member of the National Committee on United States-China Relations and a member of the Duke Children’s National Leadership Council. He previously served on the Duke Health Board of Visitors from May 2008 until June 2019 and the Duke School of Medicine Board of Visitors from July 2019 until June 2020. [6]

In April 2025, Schiffman joined Fanatics board of directors. [21]

Awards and honors

In November 2017, Schiffman was named Institutional Investor's CFO of the Year for the Mid-cap Internet Sector. [22] In November 2019, he was named as one of Institutional Investor's Best CFOs on the Sell-Side for the Internet Sector. [23]

Schiffman was named Institutional Investor's CFO of the Year 2021 for the Sell-Side. [24]

Philanthropy

In 2014, Schiffman and his wife, Stacy Schiffman, pledged $1 million to create a pediatric cancer research fund at Duke Children's Hospital & Health Center. [25] In 2019, a further million-dollar donation by the Schiffmans helped provide bridge funding for Duke Children's research on alveolar rhabdomyosarcoma (RMS), which was later awarded a National Cancer Institute Moonshot grant. [26] Schiffman is a supporter of the university's athletics programs with donations to endow student-athlete scholarships earmarked specifically for football team members from underrepresented communities, as well as upgrades to the Duke Football facilities. In 2023, the brick plaza entrance to the Yoh Football Center was renamed Schiffman Family Plaza. [27] Schiffman is Founder and Chairman of the Valerie Fund Endowment and a member of the Valerie Fund's Board of Advisors. [28]

References

  1. "Business Leaders Biography of Glenn Schiffman". Market Screener. Archived from the original on June 19, 2023. Retrieved June 19, 2023.
  2. "Fanatics Valuation Rises to $18 Billion as It Plans to Expand Sports Offerings". WSJ.com. Archived from the original on 2023-01-19. Retrieved 2021-09-02.
  3. "Fanatics brings on another new hire as it eyes IPO". sportsbusinessjournal.com. Archived from the original on 2022-01-25. Retrieved 2022-01-19.
  4. "Will IAC Stock Be Affected by New CFO?". TheStreet.com. Archived from the original on 2021-09-02. Retrieved 2021-09-02.
  5. "Glenn H. Schiffman, T'91". Duke.edu. Archived from the original on 2018-07-28. Retrieved 2018-06-29.
  6. 1 2 3 "Glenn Schiffman, IAC/Interactive Corp". Bloomberg.com. Archived from the original on 2018-08-11. Retrieved 2018-06-29.
  7. 1 2 "Nomura Appoints New Investment Banking Heads for the Americas and Asia ex-Japan". NomuraHoldings.com. Archived from the original on 2011-03-16. Retrieved 2018-06-29.
  8. "Top Nomura Asia banker Schiffman heads to U.S". Reuters.com. Archived from the original on 2018-06-29. Retrieved 2018-06-29.
  9. "Glenn Schiffman, Veteran Media Investment Banker, Joins IAC". NYTimes.com. Archived from the original on 2018-02-11. Retrieved 2018-06-30.
  10. Trentmann, Nina; Shumsky, Tatyana (2018-04-24). "More Companies Are Selling Assets to Raise Cash for Growth". Wall Street Journal. ISSN   0099-9660 . Retrieved 2025-10-22.
  11. Thomson, Jeff. "Brand Success Stems From Strong Corporate Strategy". Forbes. Retrieved 2025-10-22.
  12. "Effective Capital Allocation: A Force Multiplier | CFO.com". www.cfo.com. Retrieved 2025-10-22.
  13. "Fanatics Adds IAC CFO Glenn Schiffman In Push Beyond Apparel". Sportico.com. Archived from the original on 2021-09-02. Retrieved 2021-09-02.
  14. "How Glenn Schiffman shapes financial strategy at Fanatics | CFO.com". www.cfo.com. Retrieved 2025-10-22.
  15. "The Force Multipliers Fueling Fanatics' Success with CFO Glenn Schiffman". nthround.com. Nth Round. Archived from the original on 16 May 2024. Retrieved 16 May 2024.
  16. Coffey, Brendan. "Fanatics Sales Hit $8.1B Amid Push Into Betting, Collectibles". www.sportico.com/. Sportico. Retrieved 27 January 2025.
  17. "How Glenn Schiffman shapes financial strategy at Fanatics | CFO.com". www.cfo.com. Retrieved 2025-10-22.
  18. "Company Overview of Match Group, Inc". Bloomberg.com. Archived from the original on 2019-04-01. Retrieved 2018-06-29.
  19. "Company Overview of ANGI Homeservices, Inc". Bloomberg.com. Archived from the original on 2019-04-01. Retrieved 2018-06-29.
  20. "Vimeo Appoints Glenn Schiffman to Succeed Outgoing Chairman Levin". MarketWatch.com. Archived from the original on 2023-03-23. Retrieved 2023-03-24.
  21. Jackson, Eric (2025-04-22). "Fanatics Adds Glenn Schiffman to Board of Directors". Sportico.com. Retrieved 2025-04-25.
  22. "The All-America Executive Team". InstitutionalInvestor.com. Retrieved 2018-06-30.
  23. "The All-America Executive Team". Institutional Investor. Institutional Investor. Archived from the original on 19 April 2021. Retrieved 19 November 2019.
  24. "The All-America Executive Team". Institutional Investor. Institutional Investor. Archived from the original on 13 November 2020. Retrieved 10 November 2020.
  25. "$1 Million Gift Supports Pediatric Cancer Research at Duke Children's Hospital". DukeHealth.org. Archived from the original on 2018-01-09. Retrieved 2018-06-30.
  26. "An Impactful Partnership". DukeHealth.org. Archived from the original on 2022-02-24. Retrieved 2022-02-24.
  27. "From Walk-Pn to Starting 11". GoDuke.com. Archived from the original on 2023-12-08. Retrieved 2023-12-07.
  28. "The Board of Trustees". TheValerieFund.org. Archived from the original on 2017-03-17. Retrieved 2018-06-29.