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Yahoo CEO Out, Board Settles With Investor
yahoo.com 2 weeks, 4 days agoSAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Scott Thompson has stepped down after a controversy over a fake computer science college degree on his biography, the third CEO in three years to leave the Internet company struggling to define its future. The departure is a victory for hedge fund manager Daniel Loeb of Third Point LLC, which is one of Yahoo's largest outside shareholders and brought the discrepancy in Thompson's educational background to light. ...
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Yahoo CEO Out, Investor Loeb Gets Board Seats
yahoo.com 2 weeks, 4 days agoYahoo Inc is replacing its CEO for the third time in as many years, and giving three board seats to a hedge fund led by Daniel Loeb.
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