AOL restructures senior executives again

Associated Press ^ | December 18, 2006 | Anick Jesdanun

[Zakeet]

NEW YORK - AOL's chief executive announced yet another restructuring of the online company's corporate structure Monday, creating a senior position to market its brand while naming several executives who will report to a newly appointed deputy.

Randy Falco, recently hired from NBC as AOL LLC's chairman and chief executive, acknowledged in a memo to employees that much work remained "in such crucial areas as our speed to market and innovating new products."

Although AOL once was the dominant Internet brand, the company has seen its paying subscribers leave for free offerings from Yahoo Inc., Google Inc. and Microsoft Corp.'s MSN. AOL decided in August to give away AOL.com e-mail addresses and other services, but only after millions already had already defected.

The executive changes follow the surprise hiring in November of Falco, pushing out Jonathan Miller. AOL parent Time Warner Inc. soon named its senior vice president of operations, Ron Grant, as AOL's president and chief operating officer, a new position.

[Zakeet]

Say what you want, they did a great job of giving Time Warner and Red Ted Turner a walletectomy. And their CD's make excellent coasters.

[razorback-bert]

Just think how much money AOL wasted, if their CDs cost what the music industry claims.

[Tall_Texan]

but only after millions already had already defected.

Already?

[Gorzaloon]

HAHAHAH! They are in trouble so they are adding more layers of Management!!!!

This is beautiful! Like one watching his worst enemy eat himself, beginning with the feet.

Now with all their added expertise, maybe their interoffice memos will be composed with the CAPLOCK KEY ON, AS IS THE CASE WITH ALL THE MORONIC "SEND THIS TO EVERYONE YOU KNOW" EMAILS!!

(Lack Of Objectivity Declaration:)

I viscerally hate them since my experience with them years and years ago. I want to see it go down in flames so I can urinate on the ashes.

This corpse has been stinking for years. Bury it.

[TChad]

Winner of PC World's 25 Worst Tech Products of All Time.

From the linked piece:

1. America Online (1989-2006)
How do we loathe AOL? Let us count the ways. Since America Online emerged from the belly of a BBS called Quantum "PC-Link" in 1989, users have suffered through awful software, inaccessible dial-up numbers, rapacious marketing, in-your-face advertising, questionable billing practices, inexcusably poor customer service, and enough spam to last a lifetime. And all the while, AOL remained more expensive than its major competitors. This lethal combination earned the world's biggest ISP the top spot on our list of bottom feeders.