Former FCC Chair Michael Powell joins AOL board
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A soon-to-be independent AOL said Monday that former Federal Communications Commission Chairman Michael K. Powell would serve on the company's board.
AOL CEO Tim Armstrong will serve as chairman of the board. Time Warner has announced its plans to spin off AOL, reversing a merger made during the heyday of the dot-com boom that is now viewed as one of the worst business unions in history. The merger was cleared by the FCC under former chairman William Kennard.
Powell, who led the FCC between 2001 and 2005, was named along with eight other board members, including technology investment banker William Hambrecht and former Amazon.com chief information officer, Richard Dalzell.
Powell currently serves as a senior advisor to the private equity practice, Providence Equity Partners. He serves on the boards of Cisco and Education Management Corporation.
