“During that period we greatly improved the financial health of the company by selling low-return businesses, reducing debt, stabilizing AOL, and made significant progress in resolving the company's legal challenges.”
“We believe in and are developing a broad-based equity plan so that all our people can participate in a stock-option program that will enable them to share in the growth potential of the company.”
“The goal is to unify AOL Time Warner, to sharpen its focus, capture synergies for growth and strengthen the integration of the company. We are not cutting into muscle, and these are not across-the-board cuts. It's only where appropriate.”
