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| | | | | THOMPSON TO STEP DOWN AS YAHOO CEO Advertisement
Yahoo's CEO Scott Thompson will step down, Kara Swisher of All Things D reports. Swisher says Ross Levinsohn will take over as interim CEO. Levinsohn is the head of Yahoo's media brands. The news comes more than a week after it was discovered Thompson's resume listed a computer science degree, which he never earned. Thompson will likely cite "personal reasons" when he officially announces the move. Swisher also reports Yahoo's board will reach a settlement with Dan Loeb, the shareholder who discovered Thompson's fake computer science degree. Fred Amoroso, a new Yahoo director, will be named chairman of Yahoo's board. The five directors on Yahoo's board now will step down immediately, Swisher reports. Swisher has more details > Please follow SAI on Twitter and Facebook. | | | | | | | |
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