Yahoo had issues with management turnover (remember ScottThompson’s resume fiasco? The highly anticipated IPO was impacted by technical glitches that delayed trading and investors lost money as a result.
Tim Morse had the interim honor during a four-month search, finally seating former PayPal president ScottThompson. However, questions over his resume prompted investors to force him to step down two months ago.
After just five months, Yahoo has replaced CEO ScottThompson, who was forced to step down under intense pressure from investors. Reports of Thompson’s diagnosis with thyroid cancer surfaced alongside the news of his resignation.
I am personally working with Microsoft to make sure the alliance [is successful] going forward," CEO ScottThompson explained. During a call with investors, Thompson echoed his comments from just after he took the job three months ago, stating that...
During a call with investors, new CEO ScottThompson said juicing that all-important business is his top priority. It's been less than three weeks since Thompson took the helm at the Sunnyvale, California-based firm.
Its choice, former PayPal president ScottThompson, brings a pedigree of senior executive roles in the financial and technology industries. Zachary Rodgers wrote Yahoo Finds Its CEO: ScottThompson, Former PayPal Prez