Jim Wiatt, former chairman and CEO of the William Morris Agency, is stepping down from his post as an AOL (NYSE: AOL) board member to take on a new full-time role as strategic advisor for the company. Wiatt will report directly to AOL Chairman and CEO Tim Armstrong. The scope of Wiatt’s new job entails advising the company on a variety of issues, particularly in areas of developing content, striking partnerships and managing relationships across the entertainment and media worlds. He is taking on the advisor post immediately.
The shift of Wiatt from the board to a more day-to-day role in dealing with content development and partnerships comes as AOL has been putting a number of entertainment-related deals in place. Yesterday, AOL and former Time Warner (NYSE: TWX) sibling Telepictures Productions released details of a partnership in which AOL and The Ellen DeGeneres Show website would share promotion, traffic and content.
Back in June, AOL began talking up its plans for a stripped-down,