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AOL (NYSE:AOL): Closing price $37.35
AOL has appointed Susan Lyne as its new Executive Vice President and Chief Executive of its Brand Group effective February 27th, according to an 8-K filing on Monday. Lyne notified the firm of her decision to step down from the board of directors, effective immediately, following the start of her employment. Additionally, AOL said that effective February 26th, Executive Vice President and Chief Operating Officer Arthur Minson will exit his positions, but will remain with the firm as Vice Chairman for a transition period ending no later than December 31, 2013.
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