BusinessCompany NewsEx-BBC man takes over finances at AOL UK

Ex-BBC man takes over finances at AOL UK

In another high-profile executive appointment, AOL UK has announced its new chief financial officer.

Link: New CFO at AOL Europe

David Wolffe, an engineer by training and an MBA graduate, has taken on the position and will report to AOL UK’s executive vice president and co-managing director Mindy Mount.

Earlier this week parent company, AOL Europe, appointed Giles Spackman as senior vice president and chief financial officer.

Wolffe joins from BBC Worldwide where he was finance director for the Magazines and Consumer Publishing division.

Commenting on his appointment, Mindy said: ‘We are delighted that someone of David’s calibre is joining us.’

An internal review of AOL’s accounts revealed in October that the company had overstated its revenues from advertising by $200m (£129m) prior to its merger with Time Warner.

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