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Google exec Tim Armstrong takes helm at AOL

Posted Mar 12th 2009 7:00PM by Amey StoneAmey Stone RSS Feed
Filed under: Google (GOOG), Time Warner (TWX)


Tim Armstrong is the new chief executive of AOL, a division of Time Warner (NYSE: TWX) and parent of BloggingStocks. Armstrong, a senior VP at Google (you can read the press release here) replaces Randy Falco, who joined AOL in November, 2006. Also leaving AOL is President Ron Grant.

Time Warner shares initially traded down in after hours trading following the announcement, but were leveling off by 6:30. The stock closed at $8.32 today, a gain of 5%, and at 7pm was at $8.31.

Tags: AOL, inthenews, Randy Falco, RandyFalco, Ron Grant, RonGrant, Tim Armstrong, TimArmstrong, TWX

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