AOL chief technology officer resigns: sources
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AOL chief technology officer Maureen  Govern, who oversaw the division responsible for accidentally  releasing search data for more than a half a millions Internet  users, has resigned from the company, according to an internal  company memorandum.
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The Microsoft Corp.  executive in charge of closing the gap on Web search leader Google Inc  is leaving the company, a source familiar with the situation said on Wednesday.
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By ANICK JESDANUN  NEW YORK - Ted Leonsis, the AOL senior executive who helped steer his company's transition into a provider of free services supported by advertising, will step down from active management while continuing in an advisory capacity.
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The company, which manages the dot-com and dot-net domain names registry, said Stratton D. Sclavos had resigned for undisclosed reasons.
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(InfoWorld) - Less than two years after its last major reorganization, AOLÂ  is again redrawing its internal business architecture to better align it with its new strategy toÂ focus on online advertisingÂ and retreat from the Internet access market. In an e-mail message to employees Wednesday, AOL Chairman and Chief Executive Officer Jonathan Miller said AOL's four business units -- Access, Audience, Digital Services and Europe -- will be replaced by "smaller, nimbler product groups with more authority and greater accountability." AOL must become a global business led fully by its products, he wrote. "We made progress breaking down the matrix, but we did not, in my opinion, go far enough. Now we will go further," reads the e-mail, a copy of which was obtained by IDG News Service. While product leaders will become general managers with wide-ranging authority over product development, the ad sales operation will remain centralized, as will the legal, human resources, finance and public relations operations. Having companywide oversight and services is important, he wrote. "The recent Search data debacle is a prime example of why, even with the best of intentions, without proper oversight, costly mistakes can be made," Miller wrote, referring to the scandal that erupted last month from AOL's release of search engine records. Although the reorganization is in flux, Miller has defined several roles. Randy Boe has been entrusted with a unit dedicated to AOL's protection of consumers, and he will soon appoint AOL's first chief privacy officer. Boe's replacement as general counsel will be announced next week. There is no mention in the e-mail about what role, if any, Tatiana Platt, AOL's senior vice president of integrity assurance and chief trust officer, will play in this unit led by Boe. Boe will report to Ted Leonsis. A high-ranking AOL veteran of 13 years, Leonsis willÂ give up his day-to-day management dutiesÂ as president of the Audience business in January, while retaining his role of vice chairman, AOL announced last week. Joe Redling will be in charge of AOL's international, mobile and customer relations businesses. AOL needs to boost its international business and will announce a new international structure "soon", Miller wrote. Mobile efforts also need strengthening, because it's an area where the company hasn't had enough focus and investment, Miller wrote. Jim Bankoff will continue in charge of AOL's programming and the AIM instant messaging service, while Kevin Conroy will oversee AOL-branded products such as the AOL.com portal, Web mail service and video offerings. Mike Kelly will continue to run the ad sales operation. These four executives will provide further organizational details about their teams in coming weeks. Last month, AOL announced its intention toÂ slash as many as 5,000 jobs worldwide, or just over a quarter of its workforce, anticipating the shrinkage of its access business.
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Rumors suggest that AOL, which hired a new CEO last November and has suffered a precipitous drop in revenue recently, is getting ready for massive layoffs.
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By ANICK JESDANUN  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.
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Yahoo Inc. Chairman Terry Semel stepped down as chief executive in a surprise move Monday, ending his increasingly ineffectual pursuit of online search leader Google Inc. &#151; a losing battle that had demoralized Yahoo's shareholders and employees.
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Ted Leonsis, the AOL senior executive who helped steer his company's transition into a provider of free services supported by advertising, will step down from active management while continuing in an advisory capacity.
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Several key executives at AOL announced today that they plan to leave the company, just days before new chief executive Randy Falco is expected to announce a major restructuring of the Internet company's leadership.
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AOL, a unit of Time Warner Inc , said on Monday it will move its corporate headquarters to New York City from Dulles, Virginia, amid a realignment of its advertising business.
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U.S. Federal Communications  Commission Chairman Michael Powell plans to resign after four   years as chief regulator of the telecommunications and media  industries, sources familiar with his decision said on Friday.
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A board member resigned, according to sources, because the computer giant tried to squelch leaks to the press.
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DALLAS -- Information technology company Affiliated Computer Services Inc. said Monday its chief executive and chief financial officer resigned after an investigation into stock options practices found they violated the company's ethics code.
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By Sara Kehaulani Goo, Washington Post Staff Writer  AOL said yesterday that its chief financial officer, Stephen Swad, plans to leave the firm for a position at a private-equity firm.
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The CEO of the computer disk drive maker abruptly resigns.
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The incoming head of AOL said Tuesday he left a 31-year career at NBC for the chance to transform the online business into a formidable rival to television and other traditional media.