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Short Take: AOL Bertelsmann names CEO

America Online, the world's largest provider of Internet services, and German media giant Bertelsmann AG announced that they have named Andreas Schmidt to be the new president and CEO of AOL Bertelsmann Europe. The joint venture between AOL and Bertelsmann is the largest pan-European Internet online service provider with more than 2.2 million AOL and CompuServe members. Schmidt was most recently managing director of the magazine publisher "am Fleetrand."

America Online, the world's largest provider of Internet services, and German media giant Bertelsmann AG announced that they have named Andreas Schmidt to be the new president and CEO of AOL Bertelsmann Europe. The joint venture between AOL and Bertelsmann is the largest pan-European Internet online service provider with more than 2.2 million AOL and CompuServe members. Schmidt was most recently managing director of the magazine publisher "am Fleetrand."