Aol Time WarnerS Essays - Time Warner, Turner Broadcasting System

Aol Time WarnerS Essays - Time Warner, Turner Broadcasting System Aol Time WarnerS NEW YORKAmerica Online, Inc. (NYSE: AOL) and Time Warner Inc. (NYSE: TWX) announced today the management team and structure for AOL Time Warners finance organization, which will take effect upon completion of the merger of the two companies. In making the announcement, J. Michael Kelly, currently AOLs chief financial officer and senior vice president, who will become chief financial officer and executive vice president of AOL Time Warner, said: We have assembled an extraordinarily talented group of finance executives from throughout AOL and Time Warner, drawing on the strengths of both companies. This is the first step in building the foundation for a world-class finance function. We have the right team, with the right combination of skills and experience, to support the financial and strategic goals of the company and to help us realize the tremendous potential of our merger. Gerald M. Levin, chairman and CEO of Time Warner, who will become CEO of AOL Time Warner, said: Today's executive appointments will provide AOL Time Warner with an experienced, top-flight, hard-driving financial organization which can establish the operating metrics to support the growth opportunities that will help drive our continually accelerating performance. The following executives were named to key finance positions at AOL Time Warner: John LaBarca, senior vice president, financial operations. LaBarcas responsibilities will include merger integration tracking, internal audit and purchasing. He is currently senior vice president, financial operations at Time Warner Inc. He joined Time Warner in 1993. Frederick Yeager, senior vice president, finance. Yeagers responsibilities will include advising corporate senior management on key financial issues and representing the CFO on other matters. Yeager is currently vice president, finance and development at Time Warner Inc. He joined Time Warner in 1995. James Barge, vice president, controller. Barge will be responsible for corporate-wide reporting of internal and external financial results, accounting policy and procedures, corporate accounting as well as all SEC-related issues. He is currently vice president and controller at Time Warner Inc. He joined Time Warner in 1995. Warren Christie, vice president, tax. Christies responsibilities will include tax planning and tax compliance. He is currently vice president, tax at Time Warner Inc. He joined Time Warner in 1982. Landel Hobbs, vice president, financial analysis and operations support. Hobbss responsibilities will include budgets and financial and operational analysis of the results of the companys business units. He is currently senior vice president, controller and chief accounting officer for Turner Broadcasting System, Inc. He joined Turner Broadcasting in 1993. Melinda Mount, vice president, finance and acquisitions. Mounts responsibilities will include financial strategies, business planning, mergers and acquisitions, and competitive analysis. She is currently vice president, corporate strategy and development at Time Warner Inc. She joined Time Warner in 1995. Raymond Murphy, vice president, treasurer. Murphys responsibilities will include worldwide treasury activities, including capital markets, cash management, project finance, real estate and risk management. He is currently senior vice president and treasurer at America Online, Inc. He joined AOL in 1999. Founded in 1985, America Online, Inc. (NYSE: AOL) is the worlds leader in interactive services, Web brands, Internet technologies and e-commerce services. Time Warner Inc. (NYSE: TWX, www.timewarner.com) is the worlds leading media company. Its businesses include cable networks, publishing, music, filmed entertainment, cable and digital media. 2 DULLES, VA and NEW YORK, NY America Online, Inc. [NYSE:AOL] and Time Warner Inc. [NYSE: TWX] released the following joint statement in response to today's decision by the European Commission to approve their merger: We are very pleased with today's approval of our merger by the European Commission, another important step forward in the approval process. In addition to today's action by the EC, AOL and Time Warner received shareholder approval of their merger on June 23 and by last month had the necessary Time Warner Cable franchise approvals. The companies' discussions with U.S. regulators are proceeding well and the companies are confident they will conclude successfully. AOL and Time Warner said they are on track to close their merger this fall 3. DULLES, VA and NEW YORK, NY America Online, Inc. (NYSE:AOL) and Time Warner Inc. (NYSE:TWX) today announced that their shareholders have voted to approve the proposed merger of the two companies at special shareholders meetings held respectively

The Netherlands Sarah (50th) Birthday Tradition

The Netherlands' Sarah (50th) Birthday Tradition When you celebrate your 50th birthday, some might see you as being over the hill. In contrast, the Sarah tradition in the Netherlands honors a woman gaining wisdom through experience. It is a milestone birthday that many look forward to. Many consider it a cause to have a huge party. Origin of the Sarah Birthday A tradition that hails from the Netherlands, the Sarah birthday is celebrated when a woman turns 50 and becomes a Sarah.  It means that shes old enough and wise enough to have seen Sarah, the biblical figure and wife of Abraham. Likewise, when a man turns 50, he is an Abraham, old enough to have seen Abraham. This tradition is taken from the Bible, particularly  John 8: 56-58. In this passage, Jesus is asked how he could have seen Abraham if he hadnt yet reached fifty. He surprised the inquisitive Jews by saying,  Ã¢â‚¬Å"Truly,  truly, I say to you,  before Abraham was, I am.† Besides being Abrahams wife and a natural companion for seeing Abraham, Sarah is revered for having a baby at an older age. In Genesis 18:10-12, the Bible tells the story of her giving birth well past her childbearing years. Dutch Traditions for a Sarah Birthday The Dutch took this Bible passage and turned it into a longstanding tradition. A persons fiftieth birthday is seen as a great occasion, and there is typically a large party to celebrate. One of the best-known and visible parts of a Sarah birthday is placing a life-sized doll in the front yard of the person whos turning 50. It often appears overnight and is dressed and decorated by her family to represent her life and interests. Men have Abraham dolls appear, often dressed according to their occupation. Over the years, these dolls were similar to scarecrows people decorate their porches with on Halloween: simple, folksy human-sized figures sitting in a chair. In recent years, however, its not unusual to see giant inflatable Sarahs and Abrahams in yards. Some of these even reach heights that can rival the home itself. These dolls are often accompanied by a sign saying, Sara 50 jaar† or Abraham 50 jaar.†Ã‚  Jaar oud is Dutch for years old. It doesnt mean that someone named Sarah or Abraham lives there, just that someones celebrating their 50th birthday. Beyond the yard dolls, Sarahs may receive visitors dressed up as Sarahs with costumes and masks. Its also common to bake a Sarah cake, bread, or cookie in the shape of a female figure. Beyond the 50th Birthday The Dutch have taken this a step further and assigned a couple to each decade of a persons life after 50. At 60, you will have an Isaac or Elisabeth birthday.At 70, you will celebrate a Jacob or Anna birthday.At 80, its time for a Joseph or Deborah birthday.At 90, the party is all about Anthony or Ruth.If you are lucky to hit 100 years old, you have a Methusalem or Judith birthday to look forward to.