Scott Thompson, the Yahoo Chief Executive Officer who was being investigated by board members on allegations that he overtly padded his resume, has left the building and will not return. In his place is Ross Levinsohn, who Yahoo named interim CEO as it seeks a permanent replacement, or at least one that will last longer than Thompson did, which is barely more than four months.
The good news for Yahoo Chief Executive Scott Thompson is that no one is accusing him of doctoring his birth certificate, so if he wants to make a run at a bigger presidency, that's one less hurdle to jump over. He is, however, accused of padding his resume, which has prompted an internal investigation into his hiring, as well as a lot of time and energy spent reviewing his qualifications, and for that he has taken full responsibility and apologized.
Hey look everybody, Yahoo just appointed a new CEO! Don't worry if you missed it or are otherwise preoccupied to pay attention, there's a good chance you'll get another opportunity to see Yahoo anoint a new chief. With all due respect to Scott Thompson, the former PayPal executive who's now in Yahoo's hot seat, he's Yahoo's fourth CEO in less than five years. How's that for job security?