AOL CEO Armstrong's compensation dropped in 2011

Tue, 04/17/2012 - 10:45 EDT - Yahoo! Business News

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(Reuters) - AOL Chief Executive Tim Armstrong's compensation declined to $3.2 million in 2011 from some $15.3 million in the prior year, according to a regulatory filing. The 41-year-old former Google executive did not receive any stock rewards or options in 2011 and received a base salary of $1 million, which remained unchanged from 2010. The proxy filing also urged shareholders not to vote for the activist hedge fund Starboard Value's slate of board nominees. Starboard, which spun off from Ramius LLC in March 2011, launched a campaign late last year to shake up AOL. The hedge fund holds a 5. ...

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AOL CEO Armstrong's compensation dropped in 2011
(Reuters) - AOL Chief Executive Tim Armstrong's compensation declined to $3.2 million in 2011 from some $15.3 million in the prior year, according to a regulatory filing.
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AOL shareholders to weigh course in director vote
BOSTON (Reuters) - AOL Inc shareholders vote on Thursday on whether to hold course on the one-time Internet giant's strategy to gradually become an ad-driven media destination or to shake up the company in line with an activist investor's demands. Six months into a battle between existing management and Starboard Value, shareholders will decide whether to keep AOL's existing eight-member board of directors or take on up to three Starboard-backed nominees that the hedge fund says will push for better returns for shareholders. ...

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AOL CEO Armstrong's compensation dropped in 2011

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