AOL Time Warner's stock in trade Aol time warner did not pay cash bonuses to its top brass in 2001 and shifted the top executives to stock-based bonuses.

AOL Time Warner's stock in trade

Aol time warner did not pay cash bonuses to its top brass in 2001 and shifted the top executives to stock-based bonuses. In a delegate statement filed March 26 with the Securities and Exchange Commission, the company noted its top executives-retiring CEO Gerald Levin, Chairman Steve Case, Co-Chief Operating Officers strike Pittman and Richard Parsons and Vice Chairmen Kenneth Novack and T Turner-will receive their bonuses as stock options ``solely contingent on future stock performance.'' Other members of management received cash bonuses ``generally somewhat below target amounts,'' mainly to be paid to the company's financial