Todd Spangler NY Digital Editor Ben Sherwood and Joanna Coles inked a deal to lead IAC’s The Daily Beast, under which the media veterans have been granted a minority stake in the news and opinion site. Effective immediately, Sherwood — one-time president of the Disney ABC Television Group — will serve as The Daily Beast’s publisher and CEO. Coles, previously Hearst Magazines’ chief content officer, is the site’s chief creative and content officer.