Tim Armstrong has been CEO of AOL Inc. since 2009 during a time when the media tech company was trying to regain its footing after an abysmal merger with Time Warner. Two months after Armstrong joined the team, AOL separated from Time Warner and in the years that followed, it began acquiring a collection of other tech companies, including TechCrunch, The Huffington Post, and Patch Media. In 2013, months before AOL would be forced to sell Patch to keep from sinking even further, Armstrong made headlines for unceremoniously firing an employee in front of several hundred staffers.
Armstrong also oversaw the AOL acquisition by Verizon for $4.4 billion in 2015. In 2016, Verizon announced that it’s buying Yahoo for $4.43 billion and speculators are waiting to see if a merger between Yahoo and AOL will form to take on digital juggernauts like Google and Facebook.
Before his time at AOL, Armstrong worked at Google for nearly a decade serving as President of Google’s Americas Operations, Senior Vice President of Google Inc., and sitting on its global operation committee.