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Thursday, November 16, 2006

AOL Names NBC U's Randy Falco CEO, Chairman

MediaPost Publications: "TIME WARNER HAS HIRED LONGTIME NBC executive Randy Falco to serve as chairman and CEO of AOL. Falco will replace Jonathan Miller, who is leaving the company.
'A key to Time Warner's digital future, AOL is showing early success in transitioning to an advertising-focused business model, and Randy is a first-rate choice to ensure AOL realizes its promise,' Time Warner chairman and CEO Dick Parsons said in a statement. "
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