Former Bebo CEO Resigns as Head of AOL's People Networks

Authored by Mark Hefflinger on May 27, 2009 - 9:45am.
New York - Joanna Shields has resigned as the president of AOL's (NYSE: TWX) People Networks, company CEO Tim Armstrong revealed in a memo to employees, published by Silicon Alley Insider.

Shields had been the CEO of online social network Bebo, which AOL acquired last year.

Armstrong said that she plans to return to London to "reunite her family and explore her entrepreneurial interests."

She will continue to serve as an advisor to the company, focusing on acquisitions and new ventures. No replacement has been announced.

 

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(Silicon Alley Insider)

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