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Tim Armstrong

Tim Armstrong, also known as Timothy Armstrong, is the founder and CEO of Flowcode. He previously led GoogleGoogleGoogle is an American technology company founded by Larry Page and Sergey Brin and incorporated in 1998. It became an Alphabet subsidiary in 2015. Its businesses include internet search, advertising, software platforms, cloud computing, and artificial intelligence.Open the full entry’s Americas operations, AOLAOLAOL is an American internet brand offering a news portal, email, and membership services. Its history dates to an online-services company founded in 1985.Open the full entry and Verizon’s Oath, and co-founded Tech:NYC.

Contents18 sections
Key facts

College Education

Armstrong graduated from Connecticut College in the class of 1993, with a double major in economics and sociology. He played on the college’s men’s lacrosse team.⁠[1][2]

Publishing and Internet Sales

Google Advertising Roles

He joined Google in 2000 as vice president of advertising sales, became vice president of advertising and commerce in 2004, and was named president of Americas operations and senior vice president in 2007.⁠[3]

Taking Charge of AOL

Armstrong became AOL’s chairman and CEO on April 7, 2009, moving from Google to the internet business then owned by Time Warner.⁠[3]

AOL Separation

During his tenure, Time Warner completed AOL’s separation. The share distribution took effect late on December 9, and Time Warner announced completion on December 10, leaving AOL independent.⁠[4]

TechCrunch Acquisition

Huffington Post Acquisition Agreement

AOL agreed to acquire The Huffington Post for $315 million, with about $300 million payable in cash. Armstrong presented it as a combination of content and community businesses; the agreement designated Arianna Huffington to lead the combined Huffington Post Media Group.⁠[6]

Joining Priceline’s Board

Priceline.com appointed Armstrong to its board, effective immediately. He was then AOL’s chairman and CEO.⁠[7]

Benefits Policy Controversy and Apology

Armstrong drew criticism after citing medical costs involving two employees’ babies while explaining a change to year-end lump-sum 401(k) matching contributions. He subsequently apologized and reversed the change, restoring matching payments each pay period.⁠[8]

Remaining at AOL After Verizon’s Acquisition

Launching Tech:NYC

Leading Oath

Verizon completed its acquisition of Yahoo’s operating business and combined it with AOL to form Oath, led by Armstrong as CEO. He had headed integration planning since the deal was announced in July 2016.⁠[11]

Oath Leadership Transition

The transition announced on September 12 named Guru Gowrappan as Oath’s next CEO, with Armstrong assisting the handover ahead of a planned year-end departure from Verizon. In his employee email, Armstrong said he would support the transition as a strategic adviser.⁠[12]

Founding Flowcode / the dtx company

He founded Flowcode / the dtx company and became CEO, focusing on direct interactions between brands and consumers. Its QR platform connects physical experiences with digital content and services.⁠[13][14]

Booking Holdings Board Retirement Announcement

Booking HoldingsBooking HoldingsBooking Holdings Inc. is an online travel company headquartered in Norwalk, Connecticut, whose brands include Booking.com, Priceline, Agoda, KAYAK and OpenTable; it is listed on Nasdaq.Open the full entry announced in its annual proxy statement that Armstrong would retire from its board at that year’s annual meeting and would not seek re-election, ending a tenure that began in 2013.⁠[13]

College Grandstand Dedication

Connecticut College dedicated the 500-seat Fran Shields Grandstand, supported by gifts from Tim and Nancy Armstrong and the men’s lacrosse program. Armstrong and Luke Beatty had helped launch the college’s alumni athletics network in 2016.⁠[2]

Related Organizations, Websites, and Public Accounts

Sources

  1. Big Event Program (opens in a new window)
  2. Conn opens Fran Shields Grandstand at Silfen Track & Field (opens in a new window)
  3. AOL Inc. — Information Statement, September 16, 2009 (opens in a new window)
  4. Time Warner Inc. Completes Spin-off of AOL Inc. (opens in a new window)
  5. AOL Inc. — Amendment No. 1 to Form 10-Q for the quarter ended September 30, 2010 (opens in a new window)
  6. AOL Agrees To Acquire The Huffington Post (opens in a new window)
  7. Timothy Armstrong Named To Priceline.com Incorporated Board of Directors (opens in a new window)
  8. AOL chief apologizes for 'distressed babies' remark (opens in a new window)
  9. Verizon Completes Acquisition of AOL (opens in a new window)
  10. Launching Tech:NYC (opens in a new window)
  11. Verizon completes Yahoo acquisition, creating a diverse house of 50+ brands under new Oath subsidiary (opens in a new window)
  12. Oath Chief Tim Armstrong To Leave Verizon At End Of Year: Read His Exit Email (opens in a new window)
  13. Booking Holdings Inc. — 2023 Proxy Statement (opens in a new window)
  14. Tim Armstrong (opens in a new window)
  15. Meet Our Team | Flowcode (opens in a new window)
  16. Tim Armstrong - Flowcode® (opens in a new window)