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AOL names new CFO

  • AOL has named Karen Dykstra as chief financial officer, to replace Artie Minson, who was appointed chief operating officer in June.

    Dykstra, 53, is a former partner at Plainfield Asset Management LLC.

    She will be paid a base salary of $700,000 per year with an annual incentive bonus opportunity of 100 percent of her base salary. She will also be eligible for stock option grants.

    AOL shares were up 2.5 percent following the announcement on Wednesday in after-market trade. They closed at $33.76 on the Nasdaq.