SCOTT THOMPSON

  • ExYahoo CEO not entitled to a severance package May 16, 2012

    New York: Yahoo's former chief executive Scott Thompson, who quit the Internet firm recently amid allegations of manipulating his resume, will not be entitled to a severance package. Severance package are benefits an employees receives on leaving the company in addition to regular pay. ...
  • Scott Thompson quits as Yahoo CEO May 14, 2012

    San Francisco: Yahoo Inc Chief Executive Scott Thompson has stepped down after a controversy over a fake computer science college degree on his biography, the third CEO in three years to leave the Internet company struggling to define its future. The departure is a victory for hedge fund manager Daniel Loeb...
  • Yahoo CEO Thompson to step down: Reports May 13, 2012

    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...
  • Yahoo CEO says he never provided a resume: Source May 11, 2012

    San Francisco: Yahoo Inc Chief Executive Scott Thompson, at the centre of a row over his educational qualifications, told his top executives on Thursday he never provided a resume or incorrect information to Yahoo, a source familiar with the situation said. Thompson held a meeting with senior staff to address the...
  • Yahoo CEO Thompson apologises to employees May 8, 2012

    San Francisco: Yahoo Inc's board convened on Monday afternoon to discuss the mounting upset surrounding Chief Executive Scott Thompson, who has apologised to employees after being accused last week by activist investor Daniel Loeb of padding his resume, a source with knowledge of the matter said. The source, who declined to...
  • Yahoo CEO Scott Thompson lies on resume May 5, 2012

    San Francisco: Yahoo has confirmed a shareholder's allegation that its chief executive officer (CEO) Scott Thompson did not have a computer science degree as claimed, saying that it is "an inadvertent error". "Scott Thompson's degree at Stonehill College was in bachelor science in accounting. There was an inadvertent error that stated...
  • Yahoo shows signs of life, Alibaba in the cards again April 18, 2012

    San Francisco: Yahoo Inc reported an uptick in revenue that marked its first quarterly sales growth in three years, as new Chief Executive Scott Thompson outlined his plan to revamp the struggling Web company. Citing moves to shut down dozens of underperforming online properties, while making online commerce and mobile products...
  • Yahoo layoffs to begin next week: Report March 31, 2012

    San Francisco: Yahoo Inc will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report. Yahoo declined to comment. The layoffs, which will not take place all at once, will mostly affect Yahoo's product, research and...
  • Yahoo cofounder Yang resigns; shares jump January 18, 2012

    San Francisco: Yahoo Inc cofounder Jerry Yang has quit the Internet company he started in 1995, potentially appeasing shareholders who had blasted the Internet pioneer for impeding efforts to revive the struggling Web company. Yang's abrupt departure comes two weeks after Yahoo appointed Scott Thompson as its new CEO, and after...
  • Scott Thompson brings tech background to Yahoo January 5, 2012

    New York: Scott Thompson isn't an obvious pick to lead Yahoo, but he brings to the struggling Internet company expertise in technology and operations. Whether that's enough will be determined in the coming weeks and months. Thompson, the head of eBay Inc.'s PayPal online payments business, was named Yahoo's CEO, effective next...
  • Scott Thompson named the new Yahoo CEO January 4, 2012

    New York: Yahoo Inc named Scott Thompson, president of eBay Inc's PayPal division, as its new CEO on Wednesday. The struggling Internet company 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 2.5 years...