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 |
Case resigns as AOL chairman | |
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| Time: 18:58 EST/23:58 GMT | News Source: CNN | Posted By: Todd Richardson | ||
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AOL Time Warner on Sunday said Steve Case will step down as chairman of the company following the shareholders' meeting in May, but remain as a director of the company with joint responsibility for corporate strategy. Case, the architect of the troubled mega-merger of America Online and Time Warner, in a statement said his role as chairman had become a "distraction" for the world's largest media company in the face of disappointment with its post-merger performance. | ||
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