AOL Names Karen Dykstra Chief Financial Officer

Before you go, we thought you'd like these...
Before you go close icon

AOL Names Karen Dykstra Chief Financial Officer

Dykstra transitions from AOL Board to Company's CFO

NEW YORK--(BUSINESS WIRE)-- AOL (NYS: AOL) today announced the appointment of Karen Dykstra as Chief Financial Officer. Dykstra will serve as a key member of the executive team in optimizing shareholder value by providing strategic leadership for the company's financial functions including accounting, treasury, tax, financial planning and analysis and investor relations. She will be responsible for the company's short and long-term financial objectives in support of the business strategy. Dykstra served on the company's board of directors since December 2009, and fills the role vacated by Artie Minson following his promotion this June to Chief Operating Officer. Dykstra will be based in New York and report to Tim Armstrong, Chairman and CEO.

AOL Names Karen Dykstra Chief Financial Officer (Photo: Business Wire)

AOL Names Karen Dykstra Chief Financial Officer (Photo: Business Wire)


"As AOL drives growth and profitability across our businesses, Karen's experience will be critical to our success," said Armstrong. "My team is in place, the company is returning to growth and the market is taking notice. It's full steam ahead for AOL and our stable of brands."

Dykstra is a former partner at Plainfield Asset Management LLC and held leadership positions with the company from 2006 to 2010, including Chief Operating Officer and Chief Financial Officer of Plainfield Direct Inc. Prior to joining Plainfield, Dykstra was the Chief Financial Officer of Automatic Data Processing, Inc. from 2003 to 2006 and acted as the Principle Financial Officer from 2001 to 2003. Her career spanned 25 years with the company. In addition to AOL, she serves on the board of directors of Gartner, Inc. and Crane Co.

"Being an AOL board member has allowed me to contribute to the broader strategy during a critical time for the company," said Dykstra. "It's the perfect moment to join Tim's leadership team and start to participate on the operational side."

About AOL

AOL Inc. (NYS: AOL) is a brand company, committed to continuously innovating, growing, and investing in brands and experiences that inform, entertain, and connect the world. The home of a world-class collection of premium brands, AOL creates original content that engages audiences on a local and global scale. We help marketers connect with these audiences through effective and engaging digital advertising solutions.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50414584〈=en



AOL
Jolie Hunt, 347-601-8502
jolie.hunt@teamaol.com
or
Investor relations:
Eoin Ryan, 212-206-5025
eoin.ryan@teamaol.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article AOL Names Karen Dykstra Chief Financial Officer originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners