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Daily News


09 Nov 2009



AOL Announces Key Hires Ahead Of Separation From Time Warner
AOL has completed its financial leadership team as it prepares to separate from Time Warner Inc. and become a publicly traded company. Mike Suffredini has joined AOL as VP and Treasurer, with Eoin Ryan joining as VP Investor Relations. Don Neff, currently SVP Finance at AOL, will take on the role of SVP Internal Audit. Ned Brody is rejoining as EVP Paid Services.

Suffredini joins AOL from Discovery Communications where he was SVP and Treasurer, responsible for capital markets, treasury operations, financial risk management and insurance. He was previously VP, Treasury, at Purdue Pharma, L.P., and before that was Treasurer at Sony Corporation of America. Suffredini has also held treasury positions at PepsiCo and Revlon.

Ryan was VP Investor Relations at IAC, which operates more than 50 leading and diversified Internet businesses. Ryan guided IAC’s Investor Relations department through five high-profile spin-offs and oversaw all financial communications. He was previously director, Capital Markets Intelligence, at Thomson Financial.

Neff joined AOL in 1996 and most recently served as SVP Finance, overseeing AOL’s advertising operations. Neff previously headed corporate financial planning and analysis, as well as finance for the company’s Digital Services Group. He also spent two years as VP Finance and Controller for AOL’s international operations, overseeing joint venture operations in Europe, Latin America and Asia, and prior to that served in the company’s accounting policy group. Neff began his career in the audit practice of Ernst and Young.

Brody was founder and CEO of ARPUInc., which focuses on enabling a superior advertising and ecommerce experience for consumers, advertisers and publishers. Prior to founding ARPUInc., he worked at AOL as SVP Premium Services unit, where he was responsible for developing and launching new services and building a new API-driven billing system. Earlier in his career, Brody was CFO of LookSmart.

On May 28, 2009, Time Warner Inc. announced that its Board of Directors had authorized management to proceed with plans for the complete legal and structural separation of AOL from Time Warner. Following the proposed transaction, AOL would be an independent, publicly traded company. Time Warner has indicated that it aims to complete the proposed transaction around the end of this year.




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