Biz Stone Given Stock to be Adviser to AOL’s Huffington Post

Twitter co-founder Biz Stone will be working with AOL and its recently acquired Huffington Post in the coming months as a “strategic adviser for social impact”. He will get some AOL stocks as part of the deal, and will work with the AOL team to promote philanthropy.

Stone isn’t leaving Twitter, nor is he part of an AOL-Twitter partnership. According to All Things D’s Peter Kafka, Stone will merely be an adviser working with AOL and the Huffington Post from time to time.

The press release announcing Stone’s role as Strategic Impact Adviser describes in general what he will be helping AOL with, which includes working on “cause-based initiatives, develop[ing] a platform to facilitate people doing service in their communities, rally[ing] other companies to invest in and deploy best corporate practices, and creat[ing] and develop[ing] a video series spotlighting leading companies and executives at the forefront of philanthropy and corporate responsibility.”

Stone has this to say about the new partnership:

“The definition of success is changing as we begin to understand the value of helping others. Arianna and Tim share my vision for aligning corporate resources toward meaningful change. My goal in partnering with AOL and The Huffington Post Media Group is ambitious but vitally important. Together we will rally companies to think about new ways of doing business, share best practices, and strive for positive impact at all levels — from global to local.”