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Revolving Door Newsletter: 04.12.13

AOL Loses Sales Exec; Tumblr Cuts Editorial Team

April 12, 2013
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Tim Armstrong loses a top deputy as Ned Brody resigns. The head of AOL Networks, the company's advertising sales unit, reportedly has a massive offer from Yahoo. The well-sourced Kara Swisher hears that the package includes a year off due to the non-compete clause in Brody's contract, which may or may not be enforceable. Either way, Marissa Mayer has her sights set on recruiting the star, and she will likely get her man. Elsewhere in the AOL world, Peter Land Sign Up Now!