scott thompson

Scott Thompson

Talk about a roller coaster of a year.

Former PayPal president Scott Thompson took over the reins at Yahoo in January. He quickly became an unpopular figure in Silicon Valley after picking a patent fight with Facebook in March. Then came the resume scandal.

After it was discovered he had fudged his resume to claim he had a computer science degree (his degree is actually in accounting), Thompson was forced to resign in May.

Don't weep for him, though. Two months later, he'd already landed himself a new CEO gig, this time at e-commerce company ShopRunner.

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Scott Thompson gets new CEO gig

Scott Thompson, who left Yahoo under a cloud, has landed a CEO post once again.

Two-year-old e-commerce company ShopRunner this morning announced that Thompson is coming aboard as its chief executive. ShopRunner describes itself as a network of merchants that have banded together to deliver "multichannel shopping services" to consumers.

In May, an embattled Thompson abruptly departed Yahoo after hedge fund and Yahoo investor group Third Point discovered that his resume listed a computer science degree that he doesn't actually hold. Thompson had been CEO of Yahoo only since January.

The appointment at ShopRunner brings Thompson back … Read more

Another day, another board ex-Yahoo CEO Thompson leaves

Former Yahoo CEO Scott Thompson has left another board of directors seat.

Splunk, a provider of real-time operational intelligence software, announced today that Thompson has resigned from his post as director on the company's board. Splunk chairman and CEO Godfrey Sullivan thanked Thompson for his "contributions to the company."

Thompson's Splunk resignation, which was effective May 18, came the same day F5 Networks announced that Thompson had also left its board.

Although neither company said why Thompson was leaving, it likely was due to the recent revelation that Thompson's resume incorrectly indicated that he had … Read more

Ex-Yahoo CEO Thompson resigns from F5 Networks board

Former Yahoo CEO Scott Thompson has resigned from his position as director on the F5 Networks board.

The company, which provides application delivery networking solutions, announced the resignation in a Securities and Exchange Commission filing today, saying that it would take effect immediately.

Thompson left Yahoo last week after it was revealed that his resume included mention of him earning both a computer science degree and accounting degree from Stonehill College. Thompson only received an accounting degree from the college.

F5 Networks' Web site still lists Thompson as one of its directors. The company writes in his biography that he … Read more

Yahoo interim CEO may need to gear up to be permanent CEO

With Scott Thompson's vacated chair still warm, there's already chatter about Yahoo's next permanent CEO. In a companywide meeting today, Yahoo's new chairman, Fred Amoroso, told the staff that he wanted the new interim chief executive, Ross Levinsohn, to become the company's permanent CEO, according to The Wall Street Journal.

Thompson resigned as Yahoo's CEO yesterday, after his position became untenable because of a scandal involving a false claim to a computer science degree. Levinsohn, 48, was the company's executive vice president before taking over as interim CEO yesterday. Before Yahoo, Levinsohn worked … Read more

Thompson leaves Yahoo with no severance

Now that Scott Thompson officially belongs to the ranks of the jobless, Yahoo said in a filing that its former CEO will receive millions of dollars in make-good cash and already vested restricted stock units as a result of leaving PayPal where he was president.

Not a bad payday for most, though it might have been a lot more under different circumstances.

In a new filing with the Securities and Exchange Commission, Yahoo said that Thompson "agreed to terminate all other agreements between them, including Mr. Thompson's offer letter, all outstanding but not fully vested equity awards, and … Read more

iCloud gets a lift

In today's show, Yahoo gets a fresh coat of CEO, iCloud gets a lift and it's IPO week for Facebook:

After four months on the job, Scott Thompson resigned as Yahoo's chief executive. Although he has been in the middle of a scandal about the false statements made about his education, he also is leaving for health reasons. It's been reported that Thompson told the board he's battling thyroid cancer. Yahoo named ad-guru Ross Levinsohn as interim CEO. Levinsohn is the sixth Yahoo CEO in the past five years.

After Best Buy dropped the prices … Read more

Ousted Yahoo CEO has cancer, WSJ reports

Just in case you haven't had enough Yahoo drama, there's now a new soap-operaish element to the Internet giant's recent convulsions. Scott Thompson, who was replaced as Yahoo CEO earlier today, reportedly told the board late last week that he's been diagnosed with thyroid cancer.

It's not entirely clear what role Thompson's alleged medical disclosure played in his departure from the Yahoo C-suite. The WSJ report noted only that "[t]he decision to step down was in part influenced by Mr. Thompson's cancer diagnosis," a curiously roundabout -- and presumably face-saving … Read more

Dear new Yahoo CEO: End the Facebook patent lawsuit

Dear Ross Levinsohn,

Congratulations on being named Yahoo's new interim CEO. We all wish it had come under better circumstances, but now it's your job to stabilize Yahoo and turn the company around. You have a difficult road ahead, but I hope you have better luck than your predecessors.

I know you have a lot of work to do in order to clean up the mess Yahoo is in. There is no way the company can recover, though, if you don't deal with the albatross around Yahoo's neck. I propose that you make one of your … Read more

Yahoo CEO Thompson reportedly set to resign

Is the Scott Thompson saga about to finish with a whimper, rather than a bang?

AllThingsD is reporting this morning that Thompson is set to step down from his job as Yahoo CEO, for "personal reasons."

Yahoo's global media head, Ross Levinsohn, is reported in line to take over at least on an interim basis. The company's board is meeting this morning to consider the plan.

Levinsohn previously served as president of News Corp.'s Fox Interactive Media, and held senior management positions with search pioneer AltaVista, CBS Sportsline and HBO. While at Fox, Levinsohn was … Read more