Brody Rejoins AOL To Head Paid Services In Finance Re-Org; Gilt CEO Lyne Added To Post-Spin Board

AOL's EVP of paid services, Ned Brody

Ned Brody is re-joining AOL (NYSE: TWX) as EVP of paid services, leaving his role as founder and CEO of ARPUinc. He’ll be picking up where he left off in his former role at AOL as SVP of the company’s Premium Services unit — while there, he developed several new paid services and an API-driven billing system and the company will be hoping for more of the same as it looks to go it alone without Time Warner.

Also announced today by the company as part of a re-org of its financial execs as it spinns off from Time Warner:

— Mike Suffredini joins from Discovery Communications (NSDQ: DISCA) as VP and treasurer.
— Eoin Ryan is appointed VP of investor relations, moving over from IAC.
— Currently an AOL finance SVP, Don Neff becomes SVP of internal audit.

At the same time, AOL announced that it has increased its post-spin board of directors with the addition of Susan Lyne, CEO of luxury retailer Gilt Groupe. She and nine others will join the board when the separation from Time Warner is complete. Lyne joined Gilt in 2008 and was previously president and CEO at Martha Stewart Living Omnimedia (NYSE: MSO).


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