Armstrong out at Verizon's Oath after integrating AOL, Yahoo

September 12, 2018
Tim Armstrong, chief executive officer of Oath, is out at the Verizon unit that included AOL and Yahoo

Tim Armstrong, head of the Verizon unit that included faded internet stars AOL and Yahoo, is leaving the company at the end of the year, the telecom and media giant announced Wednesday.

Armstrong was the first chief executive at Oath, the name chosen when Verizon acquired Yahoo and incorporated the internet pioneer into a new division that had promised to innovate in online .

Verizon said in a statement that Armstrong "will help guide the Verizon subsidiary's management transition efforts as a strategic advisor before leaving the company at the end of 2018."

He will be replaced by Guru Gowrappan, who has served as Oath's president and COO since April.

Gowrappan, a former Alibaba executive, "has proven experience in scaling businesses globally," said Verizon CEO Hans Vestberg.

"I'm thrilled he will lead Oath in an exciting new phase of growth, building on the foundation Tim and his team have created by delivering brands our customers love."

Armstrong served as CEO at AOL from 2009 until it was acquired by Verizon in 2015. He steered the group into online media, acquiring properties including the Huffington Post and TechCrunch.

Combining AOL and Yahoo was seen as a way for Verizon to move deeper into online media and digital advertising.

At the time of the acquisition of Yahoo, Armstrong tweeted: "Billion+ Consumers, 20+ Brands, Unstoppable Team. #TakeTheOath. Summer 2017."

But the rebranding was mocked on social media, with one Twitter user writing: "Q: Is "Oath" Yahoo or AOL? A: Boath."

Explore further: Report: Head of Verizon's AOL, Yahoo in talks to depart

Related Stories

Yahoo signs off, completes sale to Verizon

June 13, 2017

Internet pioneer Yahoo ended its two-decade run as an independent company on Tuesday, completing the sale of its core online assets to telecom giant Verizon.

Recommended for you

Not all stem cells are created equal, study reveals

March 22, 2019

Researchers from the University of Toronto's Institute for Biomaterials and Biomedical Engineering (IBBME) and the Donnelly Centre have discovered a population of cells – dubbed to be "elite" – that play a key role in ...

Ancient birds out of the egg running

March 22, 2019

The ~125 million-year-old Early Cretaceous fossil beds of Los Hoyas, Spain, have long been known for producing thousands of petrified fish and reptiles (Fig. 1). However, researchers have uncovered an extremely rare, nearly ...

Making solar cells is like buttering bread

March 22, 2019

Formamidinium lead iodide is a very good material for photovoltaic cells, but getting the correct stable crystal structure is a challenge. The techniques developed so far have produced poor results. However, University of ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.