Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday January 04, 2012

Yahoo Names PayPal Exec As Its CEO

Our condolences go out to Scott Thompson today. The former PayPal executive has been named CEO of Yahoo...signaling the end of a once promising career. wink

Yahoo, which announced its choice Wednesday, has been without a permanent CEO since early September. It fired Carol Bartz after losing patience with her attempts to turn around the company during her 2 1/2 years on the job. Tim Morse, Yahoo's chief financial officer, has been interim CEO since Bartz's ouster. Thompson has served as president of PayPal, eBay's online payment service, since January 2008. He previously served as PayPal's senior vice president and chief technology officer.