AOL Names Board Members

Following the decision to spin off from parent Time-Warner, AOL has today named nine members to serve on its board of directors, including CEO Tim Armstrong as Chairman.

Richard Dalzell, Karen Dykstra, William Hambrecht, Patricia Mitchell, Michael Powell, Fredric Reynolds, James Stengel and Jim Wiatt will all join the firm’s board when its separation from Time Warner is complete, bringing with them experience in a range of sectors including online, media, entertainment and finance.

Commenting on the appointments in a release, Armstrong said the team would “bring independent judgment and a dedication to building shareholder value, and that it would offer “a tremendous resource for [AOL’s] company, employees, and future.”

According to AOL, Dalzell served as SVP and chief information officer of until 2007, Mitchell was president and CEO of The Paley Center for Media, and Reynolds was EVP and CFO of CBS Corporation from 2005 until he retired in 2009.

On the financial side, Dykstra is a partner at Plainfield Asset Management, Hambrecht is chairman and CEO of financial services firm WR Hambrecht + Co, and Powell has served as a senior advisor to Providence Equity Partners — a private equity firm focused on media, entertainment, communications and information investments, since 2005, and is a former Federal Communications Commission chairman.

Jim Wiatt served as chairman and CEO of the William Morris Agency from 1999 until 2009, overseeing areas including motion picture, television, music, publishing, theatre, digital, sports marketing, business development, investments and corporate consulting.

Meanwhile in Europe, AOL Advertising also named Microsoft’s EMEA partner solutions director, Christian Peck, as its European advertising products and operations VP. Peck will report to former Bebo European VP and MD Kate Burns, who replaced Platform-A international head Brendan Condon in July.

Related reading