AOL Inc., owner of the Huffington Post and TechCrunch, appointed Karen Dykstra as chief financial officer and added PepsiCo Inc.'s Hugh Johnston as director, three months after fending off an activist investor challenge to shake up the board.

Dykstra, who served as a board member since 2009, replaces Arthur Minson, who was promoted to chief operating officer in June to reorganize AOL's operations. Dykstra will no longer remain on the board. Johnson, chief financial officer of PepsiCo, adds consumer retail expertise to the Internet company.

"Hugh's financial expertise and consumer-industry experience makes him a great addition to the board," AOL Chief Executive Officer Tim Armstrong said today in a statement.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.