December 12, 2001 |
Gerald Levin, who surprised the media world last week with his plans to retire as chief executive of AOL Time Warner, dismissed any speculation Tuesday that friction with Chairman Steve Case had anything to do with his decision. "I recognize the action I've taken, no one will accept on its face," Levin told reporters before delivering a lunch address to Los Angeles civic and business leaders.
January 9, 1997 |
Time Warner Inc. options rose Wednesday on fresh speculation that Chairman Gerald Levin will step aside, according to Wall Street sources. Time Warner denied the rumors, which have plagued Levin intermittently for two years because of the company's stagnant stock price. Options to buy Time Warner shares at $40 in March rose 29% in heavy trading. In effect, investors were betting that Levin will be out by that month, bumping up Time Warner's stock price.
February 22, 1992 |
For years they were fierce rivals within the high-stakes corporate worlds of Time Inc. and Time Warner in New York N.J. Nicholas Jr., the tightly wound financial expert, and Gerald M. Levin, the scholarly strategist. Nicholas gained the upper hand in early going, and he went on to become president of Time Warner. But in the end, the company's strategic interests won out.
December 7, 2011 |
Former Time Warner chief Gerald Levin and his wife, Laurie Ann Levin, founder and chief executive of the Moonview Sanctuary psychological institute, have put their Marina del Rey house on the market at $2.49 million. The three-story, 3,842-square-foot home, built in 1997, sits on a corner lot. There are multiple balconies, four bedrooms, four bathrooms, office space and outdoor patio spaces. Public records show the property last changed hands in 1997 for $936,000. Barbra Stover of Rodeo Realty in Beverly Hills is the listing agent.
December 24, 2001 |
Criticized for staying behind the scenes for much of the last year, AOL Time Warner Inc. Chairman Steve Case is under pressure to stage a comeback. Some company executives want Case--the billionaire founder of America Online--to move his full-time office from the Internet company's old headquarters in Virginia to New York, where most of the big decisions are now made. Others hope Case will take a more visible role on Capitol Hill, lobbying legislators and regulators.
September 19, 1995 |
Ted Turner will be hundreds of millions of dollars richer, at least on paper, if his company is acquired this week by Time Warner Inc., as many observers now expect. But those who know Turner best say he does not intend to retire to his ranch in Montana with Jane Fonda once the proposed deal is done. "Ted expects to play a major role in the future at Time Warner," said one executive who is close to him. "He's not doing this deal to cash out or play a role in title only.