AOL CEO Tim Armstrong developed a reputation as a bit of a klutz over the past five years, caught up in a seemingly never ending soap opera of foot-in-mouth public comments, a revolving door of executives and a corporate strategy that lurched from one thing to another.
In the end, though, whether by dumb luck or prescient thinking, he appears to have done a reasonable job in creating value for AOL shareholders, thanks to his most recent focus on ad tech. Despite speculation to the contrary, that’s the part of AOL that drew Verizon’s interest.
