Top
Begin typing your search above and press return to search.
exit_to_app
DEEP READ
Why Eid celebration is so important to Muslims
access_time 2021-05-13T12:57:08+05:30
Who can save Congress from redundancy?
access_time 2021-05-10T13:19:13+05:30
Iran and the revival of JCPOA
access_time 2021-04-23T13:21:09+05:30
A model mosque in Gujarat
access_time 2021-04-12T17:13:34+05:30
Towards a digital emergency?
access_time 2021-02-27T14:50:41+05:30
exit_to_app
Homechevron_rightBusinesschevron_rightYahoo CEO steps down

Yahoo CEO steps down

text_fields
bookmark_border
Yahoo CEO steps down
cancel

Washington: Yahoo chief executive officer (CEO) Scott Thompson has resigned and the company has named Ross Levinsohn as interim CEO, Yahoo said Sunday.

The company said its board of directors also appointed Fred Amoroso as chairman. Both appointments were effective immediately.

‘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.

IANS

Show Full Article
TAGS:
Next Story