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AOL Chief may see $277m payoff from Verizon sale

2015-05-13 00:06:18| Telecom - Topix.net

AOL CEO and Greenwich resident Tim Armstrong addresses members of the Junior League of Greenwich alongside Huffington Post founder Arianna Huffington, in January 2013 in Greenwich, Conn. Photo: Bob Luckey With a planned $4.4 billion sale of his AOL to Verizon Communications, CEO Tim Armstrong is in line for a $41 million windfall, with the Greenwich resident's total AOL holdings valued at about $277 million under the offer.

Tags: sale chief aol verizon

Category:Telecommunications

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