InterActiveCorp's (IACI) Vimeo online video site has hired Kerry Trainor, previously AOL's...

|By:, SA News Editor

InterActiveCorp's (IACI) Vimeo online video site has hired Kerry Trainor, previously AOL's entertainment head, to be its CEO. Trainor left AOL earlier this month, the latest in a string of major executive defections for the company. InterActiveCorp recently said it plans on selling a $50M stake in Vimeo, but will subsequently retain a 50% "non-controlling stake."