AOL, Inc. (NYSE:AOL) announced this morning that they have entered an agreement to sell four office buildings. CB Richard Ellis Realty Trust took over AOL’s corporate par for $144.5 million cash. This means that AOL will have $750 million in cash as of October 29th.

AOL has a new Chief Financial Officer.  His name is Artie Minson and he was a previous EVP and Deputy CFO at Time Warner.  Before Time Warner, Minson worked at AOL in a Corporate Finance and Development position.

“Artie’s strong financial acumen, operating experience, and deep understanding of our company and the Internet and content industries make him a perfect fit for AOL,” stated AOL CEO Tim Armstrong. “He’s also a public company veteran who helped handle Time Warner Cable’s transition to a public company. Artie will hit the ground running and be a tremendous asset to AOL as we focus on driving growth, value and innovation.”

Minson has an Accounting B.S. degree from Georgetown University and an MBA from Columbia Business School.