Purple Patent
by admin on Tuesday, August 3rd, 2010 | Comments Off
Purple Patent
No More Beating Around The Bush At Yahoo: Thompson Is Out, Levinsohn In As CEO, Effective Immediately (Techcrunch)
Well, after days and days of nothing, suddenly things are moving at a fast clip. After news came out just hours ago that Thompson might be leaving the company tomorrow, moments ago Yahoo officially confirmed the news, as we reported earlier: Ross Levinsohn is now interim Chief Executive Officer, replacing Scott Thompson, and Fred Amoroso is chairman of the board. Scott Thompson's departure and the reasons for it are not mentioned at all in the statement, which simply says he has left the company. (Earlier a report in AllThingsD had said he would resign for personal reasons, although at least in this statement nothing at all is mentioned for why he has left.) The announcement from Yahoo also underscores how activist shareholder Third Point is very much a key player in all of this.
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