Mergers and acquisitions, financial planning and internal audit are some of the things Arthur Minson will be handling as
the new EVP and chief financial officer of AOL LLC. What's more important to AOL is Minson's past experience with AOL -- he held a corporate development/finance role -- and the hand he had in Time Warner Cable Inc.'s transition to a public company. At TW Cable, he was EVP and deputy CFO.
Minson joins the Internet company as it spins off from Time Warner Inc. (NYSE:TW) and tries to right its business. As The Wall Street Journal puts it, he and the new team must complete the company's rocky transition from its roots as a subscription-based service for connecting to the Net, to an ad-supported online media company, capable of competing with Google Inc. (NASDAQ:GOOG) and Yahoo! Inc. (NASDAQ:YHOO).
Minson received accolades from AOL chief Tim Armstrong, who
joined the company from Google, where he headed the sales group and who now has the task of boosting AOL's ad biz. Armstrong noted Minson's strong operating experience as a solid benefit for AOL's transition. Minson previously worked at AOL from 2004 to 2006. He replaces Nisha Kumar, who left the company earlier this summer.
The spinoff of AOL, announced in late May, is expected to be completed by year's end. -
Baz HiralalGo to the Journal storyAlso see:
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