Time Warner Inc.

James Barksdale, CEO of Netscape Communications said in his foreword for Net Income, "From finance to manufacturing, training to customer service, Net Income is an operating manual for producing results. Very simply, this is an excellent book about how you, in your business, can create a Networked Enterprise and use it to increase your net income."

Prior Professional Experience: Previously, Mr. Bollenbach served in the following positions: - Co-Chairman and Chief Executive Officer of Hilton Hotels Corporation – 2004 to 2007. - President and Chief Executive Officer, Hilton Hotels Corporation – 1996 to 2004. - Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company – 1995 to 1996. - President and Chief Executive Officer, Host Marriott Corporation – 1993 to 1995. - Chief Financial Officer, Marriott Corp. – 1992 to 1993. • Company Directorship: Mr. Bollenbach is an Independent Director. He was a Director of Historic TW from 1997 until the AOL-Historic TW Merger in January 2001, and has been a Director of the Company since that date. • Other Directorships: Mr. Bollenbach serves as Chairman of the Board of KB Home, and as Director of Harrah’s Entertainment, Inc. and Macy’s, Inc.

Mr. Clark is a Harvard University Distinguished Service Professor, Harvard Law School. He was Dean and Royall Professor of Law at Harvard Law School from July 1989 to July 2003. He has served as a professor of law at Harvard Lw School since 1978, and before that, was a tenured professor at Yale Law School. His specialty is corporate law. Mr. Clark is also a director of Time Warner Inc. and a member of the Board of Trustees of Teachers Insurance and Annuity Association (TIAA).

Former Chairman of Colgate-Palmolive Company – May 1986 to December 2008. • Prior Professional Experience: Previously, Mr. Mark served in the following positions: - Chief Executive Officer, Colgate-Palmolive Company – 1984 to July 2007. - Executive positions at Colgate-Palmolive, including President and Chief Operating Officer; Group Vice President in charge of U.S. operations; Vice President for the Far East; President of Colgate-Canada; and President of Colgate’s Venezuelan subsidiary – 1963 to 1984. • Company Directorship: Mr. Mark is an Independent Director. He was a Director of Historic TW from 1993 until the AOL-Historic TW Merger in January 2001, and has been a Director of the Company since that date. • Other Directorships: Mr. Mark is a member of the Board of Directors of Cabela’s Incorporated.

Olaf Olafsson is Executive Vice President of Time Warner, responsible for the company's corporate strategy, mergers, acquisitions and investments. Prior to that, he was Vice Chairman of Time Warner Digital Media where he was responsible for developing strategic business plans for Time Warner’s diverse digital media businesses and identifying emerging growth opportunities for the company in the digital realm. Prior to joining Time Warner, Olafsson was president of Advanta Corporation, since March of 1998 and a member of its board of directors since 1997. Previously, as founder, president and chief executive officer of Sony Interactive Entertainment, Inc., a unit of Sony Corporation established in 1991, Olafsson built and managed its businesses in the United States and Europe. During his six-year tenure, he directed the worldwide operations of Sony’s entertainment software and hardware divisions and was responsible for the introduction of the acclaimed PlayStation. He held several other positions at Sony, having begun his career at the company in 1985. Olafsson is the author of several novels, including Absolution (Pantheon, 1994), The Journey Home (Pantheon, 2000), and Walking Into The Night (Pantheon, 2003). He was born in Reykjavik, Iceland and studied as a Wien Scholar at Brandeis University, where he received his degrees in physics.

Jeff Bewkes is Chairman and CEO of Time Warner Inc. He began serving as Chairman of the Board in January 2009, having been a Director since January 2007. He was elected CEO of the company in January 2008. From 2005 to 2007 he was president and COO, and previously acted as chairman of the entertainment and networks group from 2002 to 2005. Before joining the corporate management of Time Warner, Mr. Bewkes served as chairman and CEO of HBO since 1995. Mr. Bewkes serves on the boards of Yale University, Time Warner Cable, the Museum of the Moving Image and on the advisory boards for Stanford Graduate School of Business, Yale School of Management, the American Museum of Natural History, The Creative Coalition and The Paley Center for Media. Mr. Bewkes has a BA degree from Yale University and an MBA degree from Stanford Graduate School of Business.

Mark D'Arcy was named Senior Vice President and Chief Creative Officer of the Time Warner Global Media Group in 2004. In this role, an industry first, he works with the company's largest advertising partners to create ideas that leverage Time Warner's assets against specific marketing challenges. In partnership with the group's President, John Partilla, Mark has pioneered the Global Media Group's industry leading transformation into a creatively-driven media arts practice. A catalyst for creative collaboration across the company, over the past four years, the group's award-winning work has gained widespread attention from both the creative and media communities alike. Prior to joining Time Warner, Mark spent 15 years as a copywriter and Creative Director both in New York and in his hometown of Auckland, New Zealand. Over the years, he wrote numerous award-winning campaigns for clients that included Sony Electronics, Mars and Virgin Atlantic Airways. Mark is a member of the Ad Council's creative review committee and serves on the Board of Trustees for the Museum of the City of New York, the IFP (Independent Filmmaker Project) and the Friends of AUT. He is a marketing graduate of the Auckland University of Technology.

John K. Martin is Executive Vice President and Chief Financial Officer of Time Warner Inc. Mr. Martin oversees all of Time Warner’s accounting, finance and tax areas. Before assuming his current role in January 2008, Mr. Martin had been Executive Vice President and Chief Financial Officer of Time Warner Cable Inc. since August 2005. Prior to joining Time Warner Cable, Mr. Martin spent nearly 12 years at Time Warner Inc., most recently serving as Senior Vice President, Investor Relations, from 2002 to 2005. Mr. Martin was Director in the Equity Research group of ABN AMRO Securities LLC from 2000 to 2002, immediately before re-joining Time Warner Inc. as head of its Investor Relations unit. He held the position of Vice President of Investor Relations at Time Warner Inc. from 1999 to 2000. Earlier, Mr. Martin served as Director in the Office of the President at Time Warner, where he provided financial advice to senior company executives. Mr. Martin also served as Director of Finance Special Projects, where he was involved in diverse projects including strategic planning, company restructuring and refinancing, budgeting and mergers and acquisitions. He joined Time Warner Inc. in 1993, as a Manager of SEC financial reporting. Under Mr. Martin’s leadership, Time Warner Inc.’s investor relations program was recognized for excellence by Institutional Investor magazine. Before joining Time Warner Inc., Mr. Martin was a Certified Public Accountant, working as a senior accountant in the Business Assurance group at Ernst and Young LLP in New York. Mr. Martin serves on the media advisory board of Columbia University’s business school. He is also a member of The Conference Board's Council of Financial Executives, Financial Executives International (FEI) and The Paley Center for Media. Mr. Martin received an M.B.A. degree in Financial and Organizational Behavior from the Graduate School of Business at Columbia University in 1994 and a B.S. in Economics from the Wharton School of Business at the University of Pennsylvania in 1989.

Carol A. Melton is Executive Vice President for Global Public Policy of Time Warner Inc. Carol A. Melton became Time Warner's Executive Vice President for Global Public Policy in June 2005. She is responsible for overseeing Time Warner's public policy offices in Washington, D.C., London, Brussels and Hong Kong. As Time Warner's chief policy strategist, she works closely with all of the company's business units in managing issues connected to their domestic and international operations. Previously in her career, Ms. Melton until 1997 served at Time Warner as Vice President for Law and Public Policy, having joined the company initially as Washington Counsel for Warner Communications Inc. in 1987. From 1997 to 2005, Ms. Melton served at Viacom Inc. as a member of that company's senior management team. As Executive Vice President for Government Relations, she oversaw policy issues for all of Viacom's business operations, including CBS, Paramount, MTV Networks, Showtime and Simon & Schuster. Ms. Melton has also served as Legal Advisor to the Chairman of the Federal Communications Commission for cable, broadcast and other mass media issues. Prior to joining the FCC, she was Assistant General Counsel for the National Cable & Telecommunications Association (NCTA) and a lawyer in the Washington, D.C. office of Hogan & Hartson. Ms. Melton is a Trustee of the Committee for Economic Development and a member of the Council on Foreign Relations and the Federal City Council. She has served previously on the Board of Directors of the National Association of Broadcasters and on the Boards of Trustees of the Media Institute, the Meridian International Center, the Potomac School, the Federal Communications Bar Association Foundation and the Washington Performing Arts Society. Ms. Melton received the prestigious NCTA Vanguard Award for Government Relations in 2008, which recognizes individuals who have had a significant impact in advocating public policy positions for the cable industry. In 2006, Washingtonian magazine named Ms. Melton one of its "Top 100 Most Powerful Women in Washington." Ms. Melton earned a B.A. degree with honors from Wake Forest University, an M.A. in Journalism and Communications from the University of Florida, and a J.D. with honors from the Washington College of Law at American University.

Edward I. Adler is Executive Vice President, Corporate Communications at Time Warner. Mr. Adler is a member of Time Warner's senior management team, with responsibility for the company's worldwide communications strategy and positioning. In this role, he is an integral participant in shaping and communicating the company's business strategy. He reports to Time Warner’s Chairman and CEO Jeff Bewkes. In addition to serving as Time Warner's chief spokesman, Mr. Adler oversees all aspects of the development and implementation of Time Warner's corporate communications strategy, including media relations, and internal and external communications. Mr. Adler also supervises the interaction and coordination of the communications functions of Time Warner and its operating divisions, working closely with the chief communications officers of Time Warner’s business units. He also is responsible for overseeing the company's program of branded public events and activities at its world headquarters at Time Warner Center. Before assuming his current position, Mr. Adler was Time Warner's Senior Vice President, Corporate Communications since 2000. He previously had served as Vice President, Corporate Communications since 1997. Mr. Adler began his career at Time Inc. while still in college, and worked as a reporter at Time magazine, a programming executive at Home Box Office and a news editor in Time Inc.'s magazine development area before moving to corporate communications for the company. He is a graduate of Vassar College and has an M.A. in journalism from New York University. Mr. Adler is a member of the Board of Directors of New York Cares, The City Parks Foundation, the Big Apple Circus, and The International Radio and Television Society Foundation.

Patricia Fili-Krushel is Executive Vice President of Administration of Time Warner Inc. In this role, she works closely with the other members of Time Warner's senior management team and its operating divisions on a variety of organizational, developmental and diversity issues. Her responsibilities include oversight of corporate human resources, employee development and growth, compensation and benefits, worldwide recruitment, diversity, internal communications, corporate philanthropy, real estate, facilities and security. Before joining Time Warner in July 2001, Ms. Fili-Krushel was CEO of WebMD Health since April 2000. In this position, she was responsible for setting the strategic direction for and the oversight of WebMD's consumer portal. From July 1998 to April 2000, Ms. Fili-Krushel was President at ABC Television Network. In this position, she was responsible for all programming and business areas of the ABC Television Network. This included ABC Entertainment Television Group, ABC News, ABC Daytime, ABC Sports and ABC Children's Programming as well as television network sales, affiliate relations, marketing, broadcast operations and engineering. Before joining ABC in 1993, Ms. Fili-Krushel had been with Lifetime Television since 1988 as both Group Vice President of Hearst/ABC-Viacom Entertainment Services and Senior Vice President of Programming and Production of Lifetime Television. Ms. Fili-Krushel joined Lifetime from Home Box Office, Inc., where she had been Vice President of Business Affairs and Production since December 1984. In that position, she was responsible for overseeing all business aspects of the acquisition, production and sale of original programming for the HBO and Cinemax pay-TV services. Ms. Fili-Krushel holds a B.S. degree from St. John's University and an M.B.A. degree from Fordham University. In December 2006, she was inducted into the Museum of Television & Radio’s She Made It Collection. She has also been recognized with a prestigious Matrix Award from New York Women in Communications, Inc. and a Women Who Make A Difference Award from the National Council for Research on Women. In 1998, Fortune featured Ms. Fili-Krushel among its "50 Most Powerful Women." Ms. Fili-Krushel serves on the Board of Trustees of the Paley Center for Media, the Board of Directors of The Public Theater of New York and Mayor Bloomberg's Commission on Women's Issues. She is co-chair of the Center for Work-Life Policy’s Hidden Brain Drain Task Force. Ms. Fili-Krushel is past President of New York Women in Film and was on the executive committee and the Board of Governors of the Academy of Television Arts and Sciences. She previously served on the Board of Directors of Lifetime Television and the National Campaign to Prevent Teen Pregnancy's Media Task Force.

Paul T. Cappuccio is Executive Vice President and General Counsel of Time Warner Inc. Mr. Cappuccio is the chief legal officer at Time Warner. In that capacity, he oversees the worldwide management of Time Warner's legal functions, collaborating with all of its operating businesses. Previously, from August 1999 until January 2001, Mr. Cappuccio was Senior Vice President and General Counsel at America Online. Before joining AOL, Mr. Cappuccio was a partner at the Washington, D.C., office of Kirkland & Ellis, one of the world's premier litigation and transactional law firms, where he specialized in telecommunications law, appellate litigation and negotiation with government agencies. From 1991-1993, Mr. Cappuccio was Associate Deputy Attorney General at the United States Department of Justice, where he advised Attorney General William P. Barr on matters relating to judicial selection, civil litigation, antitrust and civil rights. Prior to his service at the Justice Department, Mr. Cappuccio served as a law clerk at the Supreme Court of the United States, first for Justice Antonin Scalia (1987-1988) and later for Justice Anthony M. Kennedy (1988-1989). He also served as a law clerk to Judge Alex Kozinski of the United States Court of Appeals for the Ninth Circuit in Pasadena, California from 1986-1987. Mr. Cappuccio is a 1986 graduate of Harvard Law School and a 1983 graduate of Georgetown University.

Edward B. Ruggiero is Senior Vice President and Treasurer, Corporate Finance at Time Warner, Inc., where he is responsible for the planning and management of Time Warner’s overall capital structure and financial risk position. Mr. Ruggiero joined Time Warner in 1996. Prior to that, he was Executive Vice President–Corporate Finance and Strategy for The Dime Savings Bank of New York, FSB. During his 14 years with Dime, he served in various management positions, including Controller, Chief Planning and Compliance Officer and Chief Operating Officer of its mortgage banking subsidiary. Mr. Ruggiero holds a B.S. from St. John’s University.

Kristen O’Hara is an innovative strategic marketer specializing in brand development, consumer insight and marketing integration. She has been at the forefront of the complex and ever-changing consumer/brand/media conversation. O’Hara is SVP, Managing Director of the Time Warner Global Media Group, leading its Marketing, Sales and Insights & Innovation teams since 2004. She was a key architect in reinventing the integrated marketing model by shifting the Group’s emphasis from transactional sales to insight and idea driven solutions that build brands and businesses. A catalyst for creativity and collaboration across the Time Warner enterprise, she has helped key Time Warner advertisers bring innovative solutions to market. Additionally, she has helped existing Time Warner brands create new products and platforms. While serving as Time Inc.’s Vice President, Corporate Marketing and Sales Strategy, O’Hara partnered with American Express Publishing on a ground-breaking database marketing tool that transformed print from a mass reach medium into a highly targeted ROI vehicle. The tool continues to be instrumental in extracting insights for and driving revenue from key categories such as fashion, retail, electronics and automotive. This achievement garnered O’Hara the Time Inc. President’s Award in 2002. In her nearly ten years at Young & Rubicam, O’Hara led integrated teams that shaped brands across a wide-array of categories including Sony Electronics, AT&T, Philip Morris, Dr Pepper, Kentucky Fried Chicken and The Bronx Zoo. Additionally, she helped the agency secure nearly half a billion dollars in new business from new and existing clients. She became a master at finding the intersection between a brand’s DNA and the consumer’s behavior. Her segmentation work on Sony Electronics shifted the marketer’s approach from product centric to consumer centric, enabling the agency to craft communication that connected more emotionally with consumers. O’Hara serves on the Heart Truth Campaign Advisory Board, consults with First Candle, a nonprofit fighting for the prevention of SIDS and is an active volunteer at Mt. Sinai Hospital. She is a graduate of the College of the Holy Cross and has served on its Board of Admissions. She resides in Bronxville, New York with her husband, child and dog.

Darren Finnie (HCC 1979-1983) has a West Side story - that's where he lives in Manhattan, when he's not weekending on the Jersey shore. Darren has spent the past 11 years as an executive with Time Warner, executing special marketing programs for brands such as Warner Bros., Time Inc. and HBO. While he's no longer singing, Darren did help create a concert series on TNT a few years ago called "The Masters Series", which paid tribute to artists ranging from John Lennon to Bob Marley! Darren and wife, Joanne, have a daughter, 5 1/2 year old Lexi!

Maggie Rubey Lynch is the Corporate Vice President of Time Warner Worldwide Recruitment & Executive Search, an enterprise-wide search practice dedicated to assembling elite leadership teams with the highest caliber of top-tier, diverse talent essential to achieving ongoing business success and future growth. Partnering with senior management and Human Resources teams across the company, Maggie is responsible for identifying and fulfilling Time Warner?s current and future human capital needs while serving as a catalyst for generating significant strategic benefits to the business, including increased internal mobility and workforce diversity. Appointed to her role in October 2002, Maggie assembled a world-class team of executive search professionals and developed and oversaw the implementation of an enterprise-wide recruitment model that has set a new industry standard and best practice for in-house search firms. The Worldwide Recruitment & Executive Search group partners with every Time Warner business unit, providing senior- level search, research/market intelligence, enterprise-wide processes & platforms, and recruitment programs & events while realizing cost savings of over $40 million in lieu of paying outside recruitment agency fees. She has also created a first time corporate revenue stream by conducting senior searches for some of Time Warner?s many joint ventures. In an effort to support Time Warner's objective of increasing diversity within the workforce as well as internal mobility, Maggie created a unique strategy of combining traditional search methodology and strategic sourcing to ensure that top tier, diverse candidate slates, internally and externally, are presented for every assignment. This formula is unmatched in any industry. Maggie also launched an enterprise-wide internal career web site designed to promote employee movement globally. During this time, placement of diverse senior executives increased markedly and internal moves have more than tripled. In 2003, Maggie expanded the team and opened a satellite office in London to recruit for Time Warner businesses in Europe, the Middle East and Africa (EMEA). Recruitment assignments for Latin America and Canada are conducted from her New York office. Expansion into Asia Pacific will be finalized this year. Maggie was previously with Warner Bros. Entertainment in Los Angeles, where she developed the in-house executive recruitment function that served as a model for the enterprise-wide practice she leads today. She and her team at Warner Bros. offered a full array of executive search and research/market intelligence services that eliminated the company?s need for outside search agencies. During her tenure, the recruitment team realized in-house cost savings of $42 million while filling more than 5,000 positions. Word of the group?s expertise spread to other Time Warner units, eventually leading to additional senior-level search engagements with West Coast divisions of Time Warner. Ultimately, Maggie was recruited by Time Warner Corporate to apply a similar, expanded practice across the enterprise. Before joining Warner Bros. in 1998, Maggie was a principal in the Los Angeles-based retained executive search firm of Gary Kaplan & Associates. Specializing in the entertainment industry, she was responsible for new business development and senior level search. Her placements ranged from senior vice president to president/CEO within Los Angeles-based studios and included, among others, Warner Bros., Disney, Universal, Fox, Paramount, and Sony. Maggie began her career as a line executive in the retail industry with Dillard's Department Stores in Texas. She rapidly advanced in the organization, being promoted to buyer and then store manager with a P&L responsibility of $50 million, becoming the youngest store manager in the company history. In 1991, she transitioned into human resources with Robinsons-May Department Stores in California. Drawing from her line experience, she was responsible for recruiting senior executives for the Store and Merchant organization. She was later promoted to Divisional Vice President of Organizational Development, responsible for succession planning within the senior ranks. A native of Texas, Maggie received a bachelor's degree in business administration from Southwest Texas State University in 1986. A member of Women in Film, Maggie is also a member of the Executive Search Information Exchange (ESIX) and an active participant in the Alzheimer?s Association and the American Heart Association. As a result of her line experience, Maggie brings a unique mix of practical business experience and judgment to the search business. She has a passion for people and enjoys the ability to run a successful "business within a business." She is committed to ensuring that Time Warner is viewed as an employer of choice. She particularly enjoys her collaborative role with corporate officers and divisional executives across the enterprise and the opportunity to translate their specific business needs into tangible recruiting strategies that she and her team can bring to fruition.

Vice President of Global Compensation and Benefits, Time Warner Inc. As Vice President of Global Compensation and Benefits, Mr. Wainger is responsible for the design, communication and delivery of Time Warner's total rewards program. Since beginning his career at Time Warner in 1982, Mark has served in a variety of increasingly responsible human resources positions. He has considerable expertise in the areas of executive compensation, executive employment agreements, employment law and labor relations. Prior to joining Time Warner, Mark was an attorney with Proskauer Rose. He received a B.S. degree in 1974 from Cornell University and a J.D. from Georgetown University in 1977.

President and Chief Executive Officer, Fannie Mae. • Prior Professional Experience: Previously, Mr. Allison served in the following positions: - Chairman, President, and Chief Executive Officer, Teachers Insurance and Annuity Association - College Retirement Equities Fund – 2002 - 2008. - President and Chief Executive Officer, Alliance for Lifelong Learning - 2000-2002. - Executive positions at Merrill Lynch & Co., including President, Chief Operating Officer, Chief Financial Officer, Treasurer, Head of Investment Banking, Head of Debt, and Head of Equity Divisions Worldwide - 1971-1999. • Company Directorship: Mr. Allison is an Independent Director. He was elected as a Director of the Company in July 2008. • Other Directorships: Mr. Allison served on the Board of Directors of Merrill Lynch from 1997-1999 and served on the Board of Overseers and as Chairman of the Board of Trustees of TIAA from 2002-2008.