aol

             NEW YORK-America Online, Inc. (NYSE: AOL) and Time Warner Inc. (NYSE: TWX) announced today the management team and structure for AOL Time Warner's finance organization, which will take effect upon completion of the merger of the two companies.
             In making the announcement, J. Michael Kelly, currently AOL's chief financial officer and senior vice president, who will become chief financial officer and executive vice president of AOL Time Warner, said: "We have assembled an extraordinarily talented group of finance executives from throughout AOL and Time Warner, drawing on the strengths of both companies. This is the first step in building the foundation for a world-class finance function. We have the right team, with the right combination of skills and experience, to support the financial and strategic goals of the company and to help us realize the tremendous potential of our merger."
             Gerald M. Levin, chairman and CEO of Time Warner, who will become CEO of AOL Time Warner, said: "Today's executive appointments will provide AOL Time Warner with an experienced, top-flight, hard-driving financial organization which can establish the operating metrics to support the growth opportunities that will help drive our continually accelerating performance."
             The following executives were named to key finance positions at AOL Time Warner:
             John LaBarca, senior vice president, financial operations. LaBarca's responsibilities will include merger integration tracking, internal audit and purchasing. He is currently senior vice president, financial operations at Time Warner Inc. He joined Time Warner in 1993.
             Frederick Yeager, senior vice president, finance. Yeager's responsibilities will include advising corporate senior management on key financial issues and representing the CFO on other matters. Yeager is currently vice president, finance and development at Time Warner Inc. He joined Time Warner in 1995.
             Ja...

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aol. (1969, December 31). In MegaEssays.com. Retrieved 05:06, April 23, 2024, from https://www.megaessays.com/viewpaper/45376.html