Turnover at AOL
AOL is at it again….Reorganization and layoffs. Randy Falco, a longtime executive at NBC Universal, was named last month to succeed Jonathan Miller as the head of AOL. I read that with Falco’s entrance to AOL, Jim Bankoff (EVP for programming and products) and Joe Redling (President for AOL mobile and paid services) will be departing the company. I’m sure Falco will be placing his people to head those positions….though, I doubt that the new executives will do a better job at running programming, products, mobile, or paid services. Time will tell.
I first met Jim Bankoff in 1999, during AOL/Netscape acquisition. Jim’s star has been rising steadily from what I can tell. He went from overseeing operations to running Netscape/Web properties to running AOL Programming and products. I wonder where Jim will end up? YAHOO? Yah, my guess is Yahoo.
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