Yahoo finally gets a leader. The company announced Wednesday the appointment of Scott Thompson as CEO, effective Jan. 9. Thompson was also appointed to the board of directors. Interim CEO Tim Morse will resume his role as chief financial officer. Yahoo fired former CEO Carol Bartz four months ago for failing to turn the company around. Thompson’s most recent post was president of eBay’s PayPal. Under Thompson’s lead, PayPal expanded its user base from 50 million to more than 104 million active users since 2008.
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PayPal's Thompson to Fill Yahoo's Leadership Vacuum
Posted by: Rob Spiegel January 4, 2012 02:34 PMYahoo finally gets a leader. The company announced Wednesday the appointment of Scott Thompson as CEO, effective Jan. 9. Thompson was also appointed to the board of directors. Interim CEO Tim Morse will resume his role as chief financial officer. Yahoo fired former CEO Carol Bartz four months ago for failing to turn the company around. Thompson’s most recent post was president of eBay’s PayPal. Under Thompson’s lead, PayPal expanded its user base from 50 million to more than 104 million active users since 2008.