Ex-P&G Exec Stengel Named to AOL’s Board

AOL has picked a nine-member board of directors that includes prominent Hollywood and media names.

AOL CEO Tim Armstrong oversees the board as chairman.

The other members of the board that will form once AOL’s separation from Time Warner is completed later this year are:

• Jim Stengel (pictured), best known as former global marketing chief at P&G
• Former William Morris chairman and CEO James Wiatt

• Retired CBS CFO Fredric Reynolds

• Former FCC chairman Michael Powell

• Paley Center boss Patricia Mitchell

• Richard Dalzell, a former svp, CIO at Amazon.com

• Karen Dykstra, a partner at Plainfield Asset Management and COO, CFO of Plainfield Direct
• Bill Hambrecht, who founded and has been chairman and CEO of WR
Hambrecht + Co. since 1998; he’s also co-founder of the United Football League
  “AOL is on a mission to help create the future of media and content, and the AOL board will play a central part in helping us focus the strategy and also operate the company with the highest ethical standards,” said Armstrong. “These individuals bring independent judgment and a dedication to building shareholder value.”

Powell has since 2005 served as a senior advisor to Providence Equity Partners, the private equity firm focused on media, entertainment, communications and information investments.

See also: “Stengel Says Private Labels, Digital Change Game”

Nielsen Business Media