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Yahoo! names ex-PayPal president Scott Thompson as CEO

Yahoo! names ex-PayPal president Scott Thompson as CEO

Yahoo’s search for a permanent replacement for Carol Bartz is over.
The company announced on Wednesday that Scott Thompson, former president of PayPal, will be its next chief executive. Thompson’s appointment is effective on Jan. 9.
Bartz was fired in September after a 30-month, sometimes-tumultuous tenure. Tim Morse, the company’s chief financial officer, had been serving as CEO in the interim. Morse will return to his CFO role once Thompson is installed at the top of the Sunnyvale, Calif.-based company.
Read More/Source: Yahoo

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