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
Best Buy Co., Inc. (BBY) reported first-quarter non-GAAP earnings per share from continuing operations of $0.44, an increase of 19% from $0.37, a year ago. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.35 for the quarter. Analysts' estimates typically... Automotive parts retailer AutoZone, Inc. on Tuesday reported a 6 percent increase in profit for the third quarter from last year, reflecting growth in sales and higher inventory on new store openings. However, both revenue and earnings per share for the quarter missed analysts' expectations. Toll Brothers, Inc. (TOL), the nation's leading builder of luxury homes, reported second-quarter net income of $89.1 million, or $0.51 per share, compared to $67.9 million, or $0.37 per share, prior year. Pre-tax income increased to $140.4 million from $86.5 million. On average, 18 analysts polled by...
comments powered by Disqus
Follow RTT