BusinessCompany NewsAccountant takes over reigns at AOL Europe

Accountant takes over reigns at AOL Europe

Philip Rowley, the chief financial officer of AOL Europe, has been promoted to president and chief operating officer reporting directly to AOL Time Warner president Michael Lynton.

Link: AOL admits accounting inacuracies

Rowley, a chartered accountant, will oversee all corporate and operational functions of AOL Europe, including AOL France, AOL Germany and AOL UK.

He joined AOL Europe in May 2001, after serving as deputy chief executive and finance director at Kingfisher and before that as chief financial officer at music group EMI, where he led the purchase of Richard Branson’s Virgin Music in 1992.

Commenting on his appointment, Lynton said: ‘Philip Rowley is an experienced media and entertainment executive who has played a critical role in leading AOL Europe through its recent stage of growth and development. He has strengthened our financial management during a time of rapid growth and spearheaded our success in getting ahead of the financial targets set for us by AOL Time Warner.’

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