AOL Time Warner yesterday confirmed the appointment of Jonathan Miller as the chief executive of its internet arm, America Online.
Miller, a former head of USA Interactive, succeeds Robert Pittman, who stepped down last month after failing to revive the fortunes of the struggling web business (see
COO Quits AOL Time Warner).
The new CEO has been charged with the difficult task of encouraging subscriber growth and reversing pronounced falls in advertising revenues. He also comply with the probe being undertaken by the US Justice Department into AOL’s accounting practices (see Justice Department To Launch AOL Probe).
The company is also under investigation from the Securites and Exchange Commission following allegations of financial impropriety prior to the takeover of Time Warner two years ago (see AOL Time Warner Under Accounts Scrutiny).
