In the ongoing Microhoo saga, a lot of analysts are weighing in as to what could help fix the situation and move it forward. But The Associated Press has a specific person in mind: former AOL chief Jonathan F. Miller.
“In his four-plus years as chairman and chief executive of Time Warner’s AOL unit, Miller made key acquisitions, including Advertising.com for $435 million in 2004, along with a crucial decision to shed AOL’s roots in dial-up Internet access and give away content once reserved for paying subscribers,” the report said. “Miller, 51, could similarly offer Yahoo a strategic vision it needs to overcome its malaise.”
The name came up because billionaire investor Carl Icahn said Monday that Miller is a candidate for one of the two open board seats, the ones he gets in the deal that avoids the battle for Yahoo’s control. And AOL and Yahoo have a lot of things in common, since they’re both struggling Internet portals from an earlier era, with many of the same concerns.