DULLES—With the influence of former America Online executives waning within the combined AOL Time Warner, veteran public relations executive Ken Lerer is reportedly one of a trio of executives planning to leave the giant media conglomerate. Lerer was a senior counselor to chief operating officer Robert Pittman, who lost out in a battle for the chief executive’s role with former Time Warner executive Richard Parsons.
After Parsons took over as CEO in May, Lerer—who has worked with Pittman for more than 20 years, since his days at MTV—handed over responsibility for media and investor relations to Edward Adler, a Time Warner veteran, and became executive vice president in the office of the chief executive.
Now he says he would like to leave the company and pursue a career in teaching. He told reporters he was “continuing to advise Dick,” but has “made it clear that I want to pursue teaching.”
Two other executives, Mayo Stuntz and Marshall Cohen, are also expected to leave. Like Lerer, they were known in some quarters of the company as “Friends of Bob.”
Lerer was formerly a partner in Robinson Lake Lerer & Montgomery, which became part of BSMG Worldwide, and its successor firm, Robinson Lerer & Montgomery, now owned by WPP Group.