New AOL Chairman
Poster: Aron Schatz
Posted on January 17, 2003 at 5:41:46 PM
Anyone else think that AOL is shooting itself in the foot? Steve Case really moved the company right along.
Quote
AOL Time Warner on Thursday said CEO Richard Parsons will assume a newly created position of chairman and CEO following a unanimous vote by the company's board of directors, replacing outgoing Chairman Steve Case.
The move cements Parsons' authority over the troubled media giant, giving him a dual executive role at a time when a wave of business scandals has heightened concerns that U.S. corporations have not done enough to ensure adequate boardroom checks and balances.