AOL won't withhold matching 401(k) funds; Armstrong apologizes for 'distressed baby' comment

  • Article by: The Associated Press , Associated Press
  • Updated: February 9, 2014 - 4:35 PM

AOL Corp. CEO Tim Armstrong has abandoned an unpopular plan to delay company contributions to employee retirement accounts and apologized for citing two high-cost births as part of the impetus for the plan.

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT