Author Topic: AOL and Yahoo Settle Differences Over Talent Raid of Top Sales Exec Ned Brody  (Read 1705 times)

pipthom

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According to sources close to the situation, AOL has reached a settlement with Yahoo over Yahoo’s poaching of top sales exec Ned Brody.

The agreement clears the way for Brody — who once headed AOL Networks (which used to be called Advertising.com) and hawked premium display, video and mobile ads for the Web portal — to take over the top advertising role at the Silicon Valley Internet giant, a job which has been open for some time, well before Yahoo targeted Brody.

After he got the offer in the spring, Brody resigned from AOL. But he was prevented from working at Yahoo because of an 18-month noncompete contract with AOL, which CEO Tim Armstrong had declined to let Brody out of. He had also informed Yahoo that it might face a legal challenge for its talent raid.

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