Troubled internet provider America Online announced it has reshuffled its management structure in a move to reach profitability in its international businesses. Chairman and CEO Jon Miller will take a more direct role overseeing key units including the flagship AOL Brand, Interactive Marketing and AOL Broadband, with the goal of setting clearer priorities, increasing accountability and clarifying organizational roles. The positions of Chief Operating Officer and President of America Online, Inc. will be eliminated. Joseph Ripp, currently Executive Vice President and Chief Financial Officer, will become Vice Chairman and directly oversee other corporate and operating functions, including the Company's network infrastructure and technology operations. Vice Chairman Ted Leonsis will chair newly created councils overseeing brand, product, and technology strategy. James de Castro, President, AOL Interactive Services, and the executive who oversees the flagship AOL service with its 35 million subscribers worldwide, will join Mr. Ripp and Mr. Leonsis in a newly created Senior Strategy Group working with Mr. Miller and Don Logan, Chairman of AOL Time Warner's Media and Communications Group, to set corporate goals and formulate strategies.
