Feeds

AOL Europe COO refuses job switch

'We're talking to Stan about his future plans', says AOL

HP ProLiant Gen8: Integrated lifecycle automation

AOL Europe chief operating officer (COO) Stan Laurent is rumoured to have resigned amidst a row over the future direction of the internet giant.

Staff were told last week that Laurent had decided not to take the top job in charge of AOL Europe's "Audience" operation, which looks after areas such as content and advertising.

But El Reg has been told that Laurent hasn't just declined a top job but has decided to quit the business.

AOL is refusing to comment on whether Laurent has resigned but has confirmed he has turned down the opportunity to lead its "Audience" business.

In a statement, the internet giant told us: "Stan Laurent, COO, AOL Europe, has taken a personal decision not to lead the new pan-European Audience business and Karen Thomson, President of AOL Europe, has therefore taken over this role. We are in the process of talking to Stan about his future plans."

It went on: "AOL Europe is formalising a pan-European structure for its Audience business, which comprises content, advertising, search and paid services activities. This will allow the company to further strengthen its activities in these markets and align better internally."

Earlier this month it emerged that Time Warner had hired bankers Citigroup to conduct a strategic review of its AOL Europe business as part of fresh plans to expand its operation.

Contrary to a flurry of recent press reports, the sale of parts of AOL Europe is not top of Time Warner's agenda. Instead, the US media giant is keen to pursue partnerships or third party agreements - much like the $1bn deal it struck with Google last year - to develop its business in Europe. ®

The Power of One Infographic

More from The Register

next story
Google Nest, ARM, Samsung pull out Thread to strangle ZigBee
But there's a flaw in Google's IP-based IoT system
Orange spent weekend spamming customers with TXTs
Zero, not infinity, is the Magic Number customers want
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
'Two-speed internet' storm turns FCC.gov into zero-speed website
Deadline for comments on net neutrality shake-up extended to Friday
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
NBN Co execs: No FTTN product until 2015
Faster? Not yet. Cheaper? No data
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.