AOL’s Golden Parachutes: $28.4 Million for Four Former Executives

Want to make money? Become a former AOL executive. The Web publisher paid out $28.4 million in cash and stock to four top executives it replaced last year. It will pay some of them millions more this year.

AOL: More Org Chart Shuffles Coming; So Are Ad Dollars. But Mum on Microsoft.

CEO Tim Armstrong says he’s still overhauling the Internet company in advance of its spinoff from Time Warner, but he has hopeful noises to make about ad sales. He has nothing, however, to say about chats with Microsoft.
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Another AOL Org Chart Shuffle: COO Partoll, Search Boss Kannapell Out

This isn’t the long-rumored round of mass layoffs, but AOL boss Tim Armstrong did let go of two executives today: COO Kim Partoll is out, as is John Kannapell, SVP of search and local media.
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