AOL, which Time Warner Inc. is in the process of spinning off, has tapped Time Warner Cable deputy chief financial officer Arthur Minson as executive vice president and CFO.
Minson rejoins AOL after helping to manage the cable operator's separation from Time Warner Inc., which was completed earlier this year. Prior to his role at Time Warner Cable, Minson led AOL's corporate finance and development activities.
In May, Time Warner Inc. announced plans for the complete legal and structural separation of AOL as an independent, publicly traded company. Time Warner is aiming to complete the spin around the end of this year.
"We're delighted to have Artie back at AOL as we continue our transition to an independent public company," AOL CEO Tim Armstrong said in announcing the appointment. "Artie's strong financial acumen, operating experience, and deep understanding of our company and the Internet and content industries make him a perfect fit for AOL. He's also a public company veteran who helped handle Time Warner Cable's transition to a public company."
"This is a wonderful opportunity to rejoin AOL at one of the most important and exciting times in this great company's history," Minson said in a statement. "AOL has an incredible collection of assets, and Tim has set the company on the right strategic course. I look forward to working with Tim and the entire AOL organization to help maximize the financial and operating performance of these assets and their value for investors."
In his new role, Minson will oversee the company's financial functions including accounting, financial planning and analysis, tax, treasury, human resources, mergers and acquisitions, and internal audit. Minson will be based in New York City and will begin at AOL on Sept. 8.
Prior to AOL and Time Warner Cable, Minson held senior finance positions at Cablevision Systems' Rainbow Media Holdings, Time Warner Inc. and Ernst & Young as one of Time Warner's principal outside auditors.
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