AOL (AOL) has hired Bernstein Research Internet analyst Jeffrey Lindsay as VP for strategy and operations in the company’s content division, Ad Age reports. Interestingly, Lindsay was an early bull on the stock, recommending the shares right after the spin from Time Warner with a Buy rating and $31 price target.
The Ad Age story notes that Lindsay has been with the company before: he worked at AOL and the time it merged with Time Warner.
Confirming the move, AOL Media and Studios president David Eun told Ad Age via e-mail that Lindsay will be charged with helping to build a strategy and operations group, adding that “he will help identify and support our most critical priorities ranging from: new-product launches, evaluating operational performance of current offerings, and exploring partnership opportunities.”
AOL today rose 10 cents, or 0.4%, to $25.94.
No comments:
Post a Comment