NewsMine — cabal-elite — corporate — telecoms — AOL — Viewing Item

Steve case showdown { July 21 2002 } Original Source Link: (May no longer be active)    http://library.northernlight.com/FB20020721220000012.html?cb=0&dx=1006&sc=0#doc http://library.northernlight.com/FB20020721220000012.html?cb=0&dx=1006&sc=0#doc Newsweek: Steve Case Embraced Executive Changes Only on Eve of Board Meeting; In A Showdown Case May Have Been Asked to Resign -- Parsons Maintains AOL Accounting is Proper -------------------------------------------------------------------------------- Story Filed: Sunday, July 21, 2002 11:16 AM EST NEW YORK, Jul 21, 2002 /PRNewswire via COMTEX/ -- Steve Case, Chairman of AOL Time Warner, apparently didn't endorse the company's executive changes until the night before last week's board meeting. Not that he had much choice, writes Senior Writer Johnnie Roberts in the July 29 issue of Newsweek (on newsstands Monday July 22). In a showdown, he might have been asked to resign. (Photo: http://www.newscom.com/cgi-bin/prnh/20020721/NYSU004 ) Among the signs that the marriage of AOL Time Warner was in trouble, were no-shows by top company execs at last Tuesday's premiere night for the new season of HBO's "Sex and the City." The most glaring no-show was the night's host, Jeff Bewkes, HBO's boss. One of his lieutenants tried to wave off his absence. "Some family thing," he explained. But Bewkes was off at dinner with CEO Richard Parsons, along with Case and Don Logan, CEO of the Time Inc. unit. Insiders speculate that Case, who's been largely absent from the company since the merger deal, could soon be asked to leave. Describing Case as the "non-executive" chairman, Parsons says the former CEO of the old AOL "in an active partner in developing a [new] strategy." As to recent questions raised about the way ad revenues were booked at the AOL unit Parsons says, "the accounting is proper." Yet he also said that things will change at the AOL division, adding that he will end "some of the practices that grew up around the dot-com and go-go eras of the 1990s." (Articles attached. Read Newsweek's news releases at http://www.Newsweek.MSNBC.com. Copyright © 2002, PR Newswire, all rights reserved. You may now print or save this document. -------------------------------------------------------------------------------- Copyright © 1997-2002, divine, inc. All rights reserved. Terms of Service.

100b losses { January 29 2003 } Accounting appropriate { July 18 2002 } Aol boss sold shares Aol discloses sec probe { July 25 2002 } Aol exec Aol hard to cancel { September 24 2003 } Aol losses 1m subscribers { June 4 2003 } Aol plans big cuts { January 10 2003 } Aol probe continues { March 29 2003 } Aol purchasepro fool investors { September 24 2003 } Aol subscribers down 846 000 { July 24 2003 } Aol time warner eliminate aol from name Aol tw blackhole { April 29 2002 } Aol tw sells 2bil Case quits { January 13 2003 } Crimimal probe { August 1 2002 } End of 2004 loses 646 thousand subscribers { December 7 2004 } Fbi continues aol probe Justice investigates aol Levin aol More sec probing { April 22 2003 } Oust case { September 17 2002 } Profits to plunge Steve case showdown { July 21 2002 } Time warner drops aol name { October 13 2003 } Turner fights case Turner levin aol { June 4 2002 } Turner retired Turner sold 5m { February 7 2003 } Turner take aol { September 18 2002 } Turner un { November 20 2001 } Unconventional { July 18 2002 } Wheres steve case { July 19 2002 } Wont rebound till 2004 { December 4 2002 } Files Listed: 34

Correction/submissions

CIA FOIA Archive

National Security Archives

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information, go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purpose of your own that go beyond 'fair use', you must obtain permission from the copyright owner.