AOL on Thursday named Susan Lyne as the CEO of its Brand Group, a group that includes some of the Internet's best brands. Lyne, whose responsibilities won't include AOL's Huffington Post Media Group, most recently served as the chairman of online retailer Gilt Groupe, and earlier ran Martha Stewart Living Omnimedia. Read More
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Marking a major victory for CEO Tim Armstrong, AOL shareholders re-elected all of the company's incumbent directors, rejecting candidates sponsored by dissident investor Starboard Value. Read More
New York
- Nearly two weeks after unveiling its new board of directors, AOL on Friday
announced one new member. The company, which expects to complete its spin out
from parent Time Warner (NYSE: TWX) by the end of this year, named Susan Lyne, the CEO of
online luxury retailer Gilt Groupe, as the board’s tenth member. Lyne also has
served as the president and CEO of Martha Stewart Living Omnimedia, and
previously served in various positions at Walt Disney Company, rising to
president of ABC Entertainment. Chaired [...].