Yahoo, Ceo | featured news

Yahoo Inc. didn't use the occasion of its annual shareholder meeting Thursday to name a permanent chief executive, instead keeping Ross Levinsohn in the position on an interim basis.

The race to become Yahoo Inc's next chief executive appears to have come down to two candidates: current interim CEO Ross Levinsohn and Hulu CEO Jason Kilar.

New Yahoo CEO Ross Levinsohn named an executive team, including Mickie Rosen to lead global media and commerce efforts, to help renew growth at the ailing Internet company.

Yahoo CEO Scott Thompson reportedly will step down Sunday amid controversy over mentions on his resume and in regulatory filings of a computer science degree he never received.

A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive's education.

Yahoo said its new chief executive, Scott Thompson, didn't earn a degree in computer science as stated in a recent securities filing, citing an "inadvertent error."

Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don't fit into his plans for turning around the beleaguered Internet company. The cuts announced Wednesday represent about 14 percent of the 14,100 workers employed by Yahoo.

Yahoo’s new CEO Scott Thompson is preparing a massive restructuring of the Internet search firm, including layoffs that are likely to number in the thousands, according to a report.

Mr Yang founded the online company in 1995 with David Filo and was its chief executive from June 2007 until January 2009. His resignation comes two weeks after the company hired former PayPal executive Scott Thomson to be its new chief executive.

Yahoo Inc. has named Scott Thompson, president of eBay Inc.'s PayPal division, as its new CEO, the fourth one in less than five years for the struggling Internet company.