AOL Ad Sales Head Leaves Amid Executive Shuffle

8:58 AM PST 07/25/2011 by Georg Szalai

As Jeff Levick and others leave the Internet company, Ned Brody is promoted to the role of chief revenue officer.

NEW YORK - In the latest shuffle at AOL, the Internet company confirmed Monday that Jeff Levick, head of global sales and responsible for its advertising strategy, is leaving the company.

According to Ad Adge, human resources head Kathy Andreasen and Lauren Hurvitz, head of public relations, are also leaving.

The change will lead to Ned Brody overseeing the sales staff and ad network Advertising.com as AOL's chief revenue officer. Brody was formerly head of Advertising.com.

"Today's move simplifies our structure and better positions the company to deliver on our growth strategies," an AOL spokeswoman said in a statement. "We have stabilized the foundation of the company over the past year and are now fully focused on executing on our core goals - leading in digital content, including mobile and video, and leading in brand advertising."

AOL management, led by chairman and CEO Tim Armstrong, previously said it is targeting the $40 billion brand advertising market to attract a growing percentage to the digital space.

 

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