Business

Yahoo CEO Thompson to step down: Reports

Reuters | Posted on May 13, 2012 at 10:58pm IST

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New York: Yahoo Inc Chief Executive Scott Thompson is stepping down after a controversy over a fake computer science college degree on his biography, according to the blog AllthingsD.

Thompson's interim replacement will likely be Yahoo's global media head Ross Levinson.

Yahoo's board is also closing in on a settlement with activist shareholder Daniel Loeb of Third Point, who discovered Thompson's misstep, AllthingsD said.

Yahoo CEO Thompson to step down: Reports

Scott Thompson\'s interim replacement will likely be Yahoo\'s global media head Ross Levinson.

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Scott Thompson

Scott Thompson (born June 12, 1959) is a Canadian television comedian, best known for his time as a member of the comedy troupe Kids in the Hall. ...

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