Yahoo’s embattled former CEO gets new job

Scott Thompson, who was pushed out as CEO of Yahoo amid scandal this spring, has landed a new job.

ShopRunner, an online shopping network, announced Monday that it has hired Thompson as its CEO. Mike Golden, who co-founded the nearly 2-year-old company, will step down as its CEO and act as company president.

Thompson, who had been Yahoo’s CEO for only five months, had been a member of ShopRunner’s board of directors.

Michael and I both felt he would be the perfect long-term CEO, said Golden in a statement. We are thrilled that Scott has taken us up on our offer to lead ShopRunner’s continued growth.

Yahoo hired Thompson in January. A few months later, he came under heavy criticism when it came to light that the academic credentials on his resume, as listed on Yahoo’s Web site and in documents filed with the U.S. Securities and Exchange Commission, were inaccurate.

Thompson’s resume indicated that he has a degree in computer science, but he does not hold such a degree.

A special three-member committee was set up to investigate the CEO, his academic credentials and the circumstances surrounding his hiring.

Last week, Yahoo hired Google vice president Marissa Mayer) as its new CEO.

Mayer went to Yahoo after 13 years with Google, where she started out as the company’s first female engineer and ended as a top executive.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

CDN Staff
CDN Staffhttps://channeldailynews.com
For over 25 years, CDN has been the voice of the IT channel community in Canada. Today through our digital magazine, e-mail newsletter, video reports, events and social media platforms, we provide channel partners with the information they need to grow their business.

Related Tech News

Featured Tech Jobs

 

CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.