Yahoo Loses Another CEO: This Is Beyond Ridiculous

May 14, 2012 • 8:20 am | comments (6) by twitter Google+ | Filed Under Yahoo News
 

Google, Er, Yahoo Car Needs a BathYahoo has been going through CEOs like toilet paper recently.

Their latest CEO, Scott Thompson was named in January and Yahoo four months has announced that he has resigned for personal reasons.

This comes days after Thompson's resume issue where the resume said he had a computer science degree. After that the vultures (journalists) went after him. On Sunday he announced he is stepping down for personal reasons and the Wall Street Journal reports he has thyroid cancer.

I wasn't a fan of Yahoo's recent CEOs including Bartz and Thompson. In my opinion, Bartz did not realize how important search is/was to Yahoo's future and handed over everything to Microsoft. Thompson's big move was to drop 15% of Yahoo - but I honestly didn't get to know him because he was only there for a few months.

The one sign was that as soon as Thompson came on board, co-founder and the soul of Yahoo, Jerry Yang resigned from Yahoo. Not a good sign.

Ross Levinsohn was named the interim Chief Executive Officer until they find a replacement, effective immediately.

Good luck Ross. Good luck Yahoo! Wouldn't it be nice if Yahoo made the Apple turn around? Although, I really don't think Yahoo is at risk of running out of money? Which might be a more dangerous thing in terms of innovation.

More coverage at Techmeme.

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Comments:

Dewaldt Huysamen

05/14/2012 12:36 pm

I have never liked Yahoo bleh ;-)

Andy

05/14/2012 12:43 pm

Thats right, history tends to repeat itself. Eventually Jerry Yang signs up again and in 10 years time they will kick Larry Page's butt with some new innovative stuff and becomes a top brand (and facebook does the IBM ;)

John E Lincoln

05/14/2012 04:23 pm

If i were the CEO i would have left too

Ford Chillins

05/14/2012 08:52 pm

Yahoo should be totally honest about their business practices. That means properly and correctly labeling their website Flickr for the adult content it contains. That would serve as fair warning to advertisers and parents who could then make informed decisions about it.

FeelingBeachy

05/15/2012 01:28 pm

Did anyone proofread this article?!

Barry Schwartz

05/15/2012 01:41 pm

Sorry, been busy but will edit it soon.

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