AOL Networks Hires Bob Lord as New CEO

You've got a new CEO, AOL Networks.

Bob Lord has joined AOL Networks as its new CEO, AOL said Friday.

Lord, who will take over the post Aug. 1, was most recently the Global CEO of interactive agency Razorfish and CEO of Razorfish parent company Publicis Groupe's digital technologies division.

He replaces Ned Brody, who left AOL Networks in April.

Networks "enables the world's top marketers and media brands to reach consumers across desktop, mobile, table and connected TVs," according to the company.

Reporting to AOL Chairman and CEO Tim Armstrong, Lord will oversee all aspects of AOL Networks, AOL's flagship technology stack that services publishers and advertiser and agency clients.

"This is a particularly exciting time to be joining AOL Networks," Lord said. "Today's advertisers and publishers want premium solutions that can be put to work simply, seamlessly and at scale. AOL Networks is both leading and innovating in this space. I look forward to working closely with Tim, the AOL Networks executive team and the marketing community to continue growing the business and providing meaningful solutions to marketers and agencies."

Also read: AOL Reports Best Quarterly Revenue Growth in 8 Years

Armstrong hailed Lord's "proven track record of driving innovation" while announcing the hire.

Lord "has a proven track record of driving innovation within an organization," Armstrong said. "I know Bob will bring the same drive and energy to AOL Networks and accelerate growth in the business. His technology background will be pivotal as AOL continues its mission to simplify digital advertising at scale across platforms, screens and formats."

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