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Google Ad Vet Tim Armstrong Replaces Randy Falco As AOL Chairman And CEO; Grant Out, Too

imageSo much for the Randy Falco three-year plan — AOL (NYSE: TWX) is starting over again with Google (NSDQ: GOOG) ad vet Tim Armstrong as chairman and CEO of the struggling Time Warner unit, replacing Falco. Also out: President and COO Ron Grant. This time around, Time Warner Chairman and CEO Jeff Bewkes is going for digital media experience and loads of it. As Google SVP, Armstrong was a member of Google

2 Responses to “Google Ad Vet Tim Armstrong Replaces Randy Falco As AOL Chairman And CEO; Grant Out, Too”

  1. Another "ad man" ? One of the biggest assets of AOL is its loyal users, loyal despite the googlemania that (despite a temp gains) is bound to drive the industry down. I doubt an ad man can help AOL at this moment.