Ted Turner, 67 years, "decided not to be candidate for his re-election with the board of directors" at the time of the next general assembly of the shareholders of Time Warner, announced Friday in an official statement the world number one of the media.
After this AG in May, there will remain "an important shareholder but will not have any more aucunes operational functions" in the group, added a spokesman, Kathy McKiernan.
In fact, Ted Turner had gradually been private of any decisional role by the new direction resulting from fusion with AOL in 2001.
