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A woman walks out of AOL offices in New York, November 19, 2009.
Credit: Reuters/Shannon Stapleton
Wed Sep 19, 2012 4:43pm EDT
(Reuters) - AOL Inc named Karen Dykstra as chief financial officer, in place of 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 and will have an annual incentive bonus opportunity of 100 percent of her base salary. She will also be eligible for stock option grants, the company said in a regulatory filing.
AOL shares were up 2.5 percent on Wednesday in after-market trade. They had closed at $33.76 on the Nasdaq.
(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Sreejiraj Eluvangal)
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