AOL has done what Re/code said last week it would do: On Friday it made AOL Platforms head Bob Lord president of the company, overseeing its newly unified global advertising operations. As a result, Lord’s annual base salary will increase from $750,000 to $800,000 and his bonus target from 100 percent to 125 percent of base salary. The move is part of a broader restructuring of AOL’s sales and content units.
This article originally appeared on Recode.net.
We have a request
Vox's journalism is free because we believe that everyone deserves to understand the world that they live in. That kind of knowledge helps create better citizens, neighbors, friends, parents, consumers and stewards of this planet. In short, understanding benefits everyone. You can join in on this mission by making a financial gift to Vox today. Reader support helps keep our work free, for everyone. Will you join us?
Yes, I'll give $120/year
Yes, I'll give $120/year
We accept credit card, Apple Pay, and
Google Pay. You can also contribute via
