AOL's CEO Armstrong Reflects on First Months in Post
AOL chairman and CEO Tim Armstrong said Thursday that he is happy with what he has accomplished in his first nine months, but acknowledged there is more upside and there remains more work to be done.
Speaking at the 20th annual Global Entertainment, Media & Telecommunications in San Francisco in a session that was Webcast, he said there is “a huge ocean of opportunity” for AOL as it continues to rebuild its business.
Asked about advertising trends, Armstrong said “the ad business is healthier than it was nine months ago,” even though online display ads continue to struggle.
His experience is that marketers have been very willing to look at buying ads on AOL properties as his team has tweaked the company’s business.
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