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Break-Up To Make-Up: AOL Announces Financial Leadership Team
by Gavin O'Malley, Friday, November 6, 2009, 6:03 PM

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Ahead of its expected year-end split from Time Warner, AOL on Friday announced the completion of its financial leadership team. As such, Mike Suffredini has joined AOL as vice president and treasurer, while Eoin Ryan is joining as vice president of investor relations.

Meanwhile, Don Neff, currently a senior vice president of finance at AOL, is expected to take on the role of senior vice president of Internal Audit, while Ned Brody is rejoining the company as executive vice president of paid services.

Suffredini joins AOL from Discovery Communications, where he was senior vice president and treasurer, responsible for capital markets, treasury operations, financial risk management and insurance.

Ryan most recently served as vice president of investor relations at IAC, where he is credited with guiding department through five high-profile spinoffs, and overseeing all financial communications.

Brody was founder and CEO of ARPUInc., which focuses on enabling advertising and ecommerce experiences for consumers, advertisers and publishers. Prior to founding ARPUInc., he worked at AOL as senior vice president of AOL's Premium Services unit, where he was responsible for developing and launching new services and building a new API-driven billing system.

Brody and Ryan will report directly to Artie Minson, AOL's chief financial officer. "I'm also thrilled that Ned is returning to AOL to lead our paid services efforts," said Minson. "Ned has a great history with AOL."

Neff will report to the Audit Committee of the Board of Directors and administratively to Minson. Suffredini, meawhile, will report to AOL's Senior Vice President and Controller, Doug Horne.

On May 28, Time Warner announced that its Board of Directors had authorized management to proceed with plans for the complete legal and structural separation of AOL from Time Warner.

Following the proposed transaction, AOL will be an independent, publicly traded company. Time Warner has indicated that it aims to complete the proposed transaction around the end of this year.

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