America Online Inc. co-founder
Steve Case said Monday he is resigning fromTime Warner Inc.’s board of directors. Case, who co-foundedAmerica Online in the mid-1980s, later orchestratedAOL ‘s $112 billion merger with Time Warner in January 2001.
But as shareholder value plummeted in the wake of the merger, Case, in 2003, stepped down from his role as chairman of Time Warner’s board but retained a seat on the board.
(Source: eWeek)
{S Goodbye
Steve Case quits AOL, but I’m sure that rich bitch still has his money after he trainwrecked that company. He still has weight to throw around, him and his bazillion stock options for himself.