logo
Share SHARE
FONT-SIZE Plus   Neg

AOL Chief Technology Officer Gounares Resigns

AOL Inc. (AOL), in a Securities and Exchange Commission filing, said its Chief Technology Officer, Alexander Gounares, is resigning from the company for personal reasons and to pursue other interests. Gounares has agreed to remain for a transition period.

In exchange, the company has agreed to waive repayment of the pro rata portion of the signing bonus that Gounares received upon commencement of his employment with the company and that Gounares would have otherwise been required to repay the company in the event he resigned prior to May 13, 2013.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Social media app Snapchat has introduced a new location service, Snap Map, that will allow users of the app to see the location of all their friends on a map. The new feature will essentially allow a user to see where his friends are hanging out and what they are up to and also share his own location with friends in real time. The U.S. has suspended all imports of fresh beef from Brazil due to recurring concerns about the safety of the products. The suspension of shipments from Brazil, the fifth largest exporter of beef to the U.S., will remain in place until the Brazilian Ministry of Agriculture takes corrective action, the U.S. Department of Agriculture or USDA said in a statement. The annual Federal stress test was cleared by 34 top banks. The result shows strong capital levels and the ability of large banks to remain capitalized even in stressed situations. The Federal Reserve noted that these banks will be able to lend to households and businesses even at severe recession and throughout the economic cycle.
comments powered by Disqus
Follow RTT