Embattled Yahoo has a new interim chief executive. It announced Sunday that Ross Levinsohn, the company’s global media leader, would take over as interim CEO following Scott Thompson’s departure. Thompson’s exit comes amid controversy over an unearned computer science college degree listed on his resume. Also leaving the company are several board members: Chairman Roy Bostock, and directors Patti Hart, VJ Joshi, Arthur Kern and Gary Wilson. Activist investor Daniel Loeb has won a long-sought seat on the board, along with two of his close allies, Harry J. Wilson and Michael J. Wolf.
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Muddy Road Ahead for Yahoo?
Posted by: Peter Suciu May 14, 2012 02:24 PMEmbattled Yahoo has a new interim chief executive. It announced Sunday that Ross Levinsohn, the company’s global media leader, would take over as interim CEO following Scott Thompson’s departure. Thompson’s exit comes amid controversy over an unearned computer science college degree listed on his resume. Also leaving the company are several board members: Chairman Roy Bostock, and directors Patti Hart, VJ Joshi, Arthur Kern and Gary Wilson. Activist investor Daniel Loeb has won a long-sought seat on the board, along with two of his close allies, Harry J. Wilson and Michael J. Wolf.