Corporate

NEW YORK, NY – November 6, 2009 – AOL announced today it has completed its financial leadership team as it prepares to separate from Time Warner Inc. and become a publicly traded company.  Mike Suffredini has joined AOL as Vice President and Treasurer, with Eoin Ryan joining as Vice President of Investor Relations.  Don Neff, currently a Senior Vice President of Finance at AOL, will take on the role of Senior Vice President of Internal Audit.  AOL also announced that Ned Brody is rejoining the company as Executive Vice President of Paid Services.

AOL announced it has completed its financial leadership team as it prepares to separate from Time Warner Inc. and become a publicly traded company.  Mike Suffredini has joined AOL as Vice President and Treasurer, with Eoin Ryan joining as Vice President of Investor Relations.  Don Neff, currently a Senior Vice President of Finance at AOL, will take on the role of Senior Vice President of Internal Audit.  AOL also announced that Ned Brody is rejoining the company as Executive Vice President of Paid Services.

AOL named Susan Lyne, Chief Executive Officer of the online luxury retailer Gilt Groupe, Inc., to serve on its Board of Directors. Lyne and nine members named on October 26 will join the AOL Board when the separation from Time Warner is complete.

NEW YORK -- November 6, 2009 -- AOL today named Susan Lyne, Chief Executive Officer of the online luxury retailer Gilt Groupe, Inc., to serve on its Board of Directors. Lyne and nine members named on October 26 will join the AOL Board when the separation from Time Warner is complete.

AOL Chairman and CEO Tim Armstrong said: “Susan’s record of excellence as a leader in the brand space, the Internet and as a media executive will bring exceptional value to the work of the AOL Board as we pursue our strategy to deliver the best content and services to our audiences and advertisers. As a CEO, Susan is consistently recognized as one of the top executives in business, and her presence will strengthen our already very strong Board of Directors.”

AOL named nine members to serve on its Board of Directors, drawing on leaders with expertise in Internet, Media, Entertainment, Marketing, and Finance. Among the directors named are: Richard Dalzell, Karen Dykstra, William Hambrecht, Patricia Mitchell, Michael Powell, Fredric Reynolds, James Stengel and Jim Wiatt. They will join the AOL Board when the separation from Time Warner is complete, with AOL CEO Tim Armstrong serving as Chairman of the Board.