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June 29, 2012 03:26 pm GMT

AOL Reorganizes Into Membership, Brand And Ad Units [Incl Armstrong's Memo]

aollogoAfter yesterday's $400 million share buyback, some more news today from our owners, AOL: it's reorganizing into three operating units, plus a separate one for corporate support of all three: they will be calledAOL Membership, Brand Group (which includes content like TechCrunch and Huffington Post), and the Advertising.com Group.Tim Armstrong has also appointed Artie Minson to the role of Chief Operating Officer overseeing the three operating units. Before this, he had been the CFO, but in that position had already had some control over operations, for example around its legacy dial-up business.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MFfH97WBlNY/

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