AOL, pining for turnaround, hires Google exec

03/13/2009 | Washington Post, The

A Google executive -- Senior Vice President Tim Armstrong -- is taking over as CEO of AOL, a mere two years after the incumbent AOL team came to turn the company around. Some observers doubt AOL's problems can be fixed with a change at the top. "When you get somebody from Google like this, it usually means that you're paying them a ton of money and you're hoping for a miracle," says Rob Enderle, a tech industry forecaster.

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