Sources tell Kara Swisher that new CEO Tim Armstrong is ousting Greg Coleman, head of AOL's Platform A, after just three months on the job. CFO Nisha Kumar is also out.
Coleman was brought
in by former CEO Randy Falco in February, replacing Lynda Clarizio, but Falco was fired just two weeks after Coleman got there. Unsurprisingly, given Armstrong's Google roots, Coleman will be replaced
by a former Google sales exec, Jeff Levick, who sources said had a close relationship with Armstrong while both were working at the search giant. Levick was VP of industry development & marketing for
the Americas, and had been with Google since 2001.
As Swisher points out, it is once again a time of change at perennially beleaguered AOL. In a regulatory filing, Time Warner on Tuesday
said it would spin off AOL and buy back Google's five percent stake in the company.
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