Huffpost Business

Tim Armstrong: AOL's New CEO

Posted: Updated:

Everyone who wondered why Randy Falco and Ron Grant were still running AOL gets an answer: Time Warner (TWX) was lining up their replacement. Google (GOOG) sales chief Tim Armstrong becomes chairman and CEO of the troubled Web property, effective immediately.

The move is getting immediate cheers from current and former AOL employees I've talked to.

Read the whole story at Media Memo

Around the Web

Tim Armstrong | BoomTown | AllThingsD

Tim Armstrong's "Patch" To Cash In On Death Of Newspapers? » Tim Armstrong in Conversation with David Kenny