- The Washington Times - Friday, September 15, 2006

… Ted Leonsis, whom I’ve always liked, has slated an end date for his full-time duties at AOL:

Ted Leonsis, the Vice Chairman of AOL and President of its fast-growing Audience business, will retire from an active management role on January 1, 2007, the company and Mr. Leonsis announced today. Leonsis will retain all of his management responsibilities for the remainder of 2006 and help the company complete its transition to a Web services business. Following his retirement from active management, he will remain Vice Chairman of the company, reporting to AOL Chairman and CEO Jonathan F. Miller.

As Vice Chairman, Leonsis will continue to serve as a strategist and visionary for AOL, focusing on the transformation of AOL into a company that is driving some of the most exciting Web 2.0 technologies. And he will continue to serve as a mentor to dozens of successful AOL executives. At the same time, Leonsis will pursue his passions in sports ownership, film-making, philanthropy, and venture-capital investing.

“Ted Leonsis helped build AOL, not once, but twice,” said Jon Miller. “The first time was in the 1990s, when Ted and AOL literally helped get America online. A second time began in 2002, with Ted as the driving force behind AOL’s dramatic shift from a dial-up ISP to a Web services business. In the 2nd Quarter of 2006, AOL’s advertising revenue grew by 40% — and it is this business for which Ted’s been most responsible.”

Ted’s one of the good guys in this business, and his presence will be missed.

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