Yahoo CEO Scott Thompson steps down
Yahoo chief executive officer (CEO) Scott Thompson has resigned and the
company has named Ross Levinsohn as interim CEO, Yahoo said on Sunday.
The company said its board of directors also appointed Fred Amoroso as
chairman. Both appointments were effective immediately, Xinhua
"Mr. Levinsohn replaces Scott Thompson, former chief executive officer,
who has left the company," Yahoo said in a statement.
Thompson, former president of eBay's subsidiary PayPal, was appointed as
CEO in January 2012.
According to Xinhua, Thompson was under fire after Yahoo
shareholder Dan Loeb alleged that the CEO does not have a computer science
degree from Stonehill College as claimed for the CEO position, as well as
in regulatory filings to the US Securities and Exchange Commission.
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