INDIANAPOLIS (WISH) — Angie’s List announced on Wednesday that CEO William S. Oesterle plans to step down.
Oesterle, who co-founded the company 20 years ago, has also served as a member of the Board of Directors since 1995. According to a press release from Angie’s List, Oesterle has agreed to remain in his current role as CEO until a successor is appointed and serve on the board for the remainder of this term.
The company says Oesterle plans to “pursue other interests, including becoming more civically involved in the State of Indiana.”
Angie’s List co-founder and Chief Marketing Officer, Angie Hicks, released the following statement in the announcement about Oesterle’s departure:
“For the past 20 years, Bill has been an outstanding partner to me and to the whole Angie’s List organization. I look forward to continuing to work closely with our talented team to execute on our marketplace strategy with the same passion and entrepreneurial spirit that Bill has instilled in our company and that has enabled our success.”
A statement from Oesterle was also provided in the announcement from the company:
“Serving Angie’s List alongside its 1,900 dedicated employees and being part of this amazing company from the very beginning has been a privilege and a highlight of my professional career. I am extremely proud of all that we have accomplished, especially seeing Angie’s List grow to where we are now connecting millions of consumers across the country with leading service providers in their areas. The decision to leave was not an easy one. But as I begin the transition to the next chapter, I have great confidence in the Company’s continued growth and prosperity and am committed to supporting a seamless transition.”