AOL CEO Turns Down Bonus (AOL, TWX)
By N.J. Beachum
February 03, 2010 3:08 PM
February 03, 2010 3:08 PM
AOL (NYSE: AOL) CEO Tim Armstrong turned down a $1.5 million bonus for 2009.
AOL broke ties with Time Warner Inc. (NYSE: TWX) December 10th and has resumed trading as a stand alone company. With the recent posting of its 4Q results, the company feels encouraged and is steadily getting back on its feet.
Time Warner shares are -1.82% while AOL is up 2.47% in trading so far today.
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