In My Experience... | Another AOL executive shuffle. (1101)

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Another AOL executive shuffle.
[ Posted by Dan on February 28, 2003 | 5 Comments ]

AOL is just announcing (via email) another shuffle in the board room...

Steve Swad... has joined America Online as executive vice president and chief financial officer

Here's the part where it gets interesting...

Steve was vice president of financial planning and analysis for AOL Time Warner and vice president and deputy controller at Time Warner. Before joining Time Warner in 1998, he was a partner at KPMG LLP and deputy chief accountant with the U.S. Securities Exchange Commission

That's a serious résumé and I'm glad to see that sort of experience taking a high profile role at AOL. The stock price seems to be benefitting from the announcement.

Also, I should have mentioned that I appear to have better info on this than Bloomberg...

-Posted by Dan on February 28, 2003 10:28 AM

I would hope so, given that you work for the company and all.

-Posted by milbertus on March 1, 2003 10:55 AM

True, but quite often I get more company info out of The Washington Post (who seems to like breaking bad news about AOL). It's weird.

-Posted by Dan on March 1, 2003 11:21 AM

Not weird, its called working for a large public company. The companies I've worked for often make internal announcements days after the press does.

-Posted by Eric on March 1, 2003 05:41 PM

Oh, I can vouch for that one.

We got a call from Marketing friday... "take the annual report off the intranet, it can only be displayed on the public website until March 14th" (guessing on the day, I don't remember).

Apparently this is something required by the SEC.

::shaking head at idiotic nonsense::

-Posted by JC on March 2, 2003 10:08 PM

Comment posting has been turned off because I don't have enough time and will to deal with the constant comment spamming. I'm very sorry and will fix this sometime soon (soon = before 2004 ends).