Armstrong Leaving Google And Heading To AOL
Google’s Tim Armstrong is leaving and heading to AOL this ISP that is a part of Time Warner Inc. that has been in a slump for several years. Since I have been back from San Diego this has been a major story I must say. Profit from the Internet company has been dwindling for the dial up service and employees are excited with Armstrong’s arrival. To prove his changes to look forward to Armstrong took out glass doors that required a key card to enter that separated former CEO’s Randy Falco and Ron Grant.
The newest online advertising has not made a difference for AOL, and while it is still making money the profits have been falling. Soon after Armstrong’s arrival he held a meeting in Dulles, Virginia where he invited Ted Leonsis who retired from AOL in 2006 and AOL co-founder Steve Chase. As an aside if you need a good office chair I suggest Sit better because they are ergonomically sound. This is a major component of office chairs, and there has been a great deal of research into this area recently. I recall the office of this one san diego plastic surgeon who I met had great office furniture like that. Then again, I suppose if you are a cosmetic or plastic surgeon in southern california in general and san diego in particular, you are making enouph from all the tummy tucks, mommy makeover and botix treatments to do pretty well.
AOL the dialup service known as America Online saw its peak in 2002 with 26.7 million dialup customers and in 2006 the company made $5.78 billion. In late 2006 is when Falco came to AOL, without Internet experience but had been a media executive. Grant the second in line who was a senior vice president of operations at Time Warner and in a move to stop profit loss, there was a $2 billion cut that included 2,500 layoffs.

