Yahoo's board has begun a formal search to find a CEO to replace Scott Thompson, who was fired in May after he was caught lying about his educational background.
After Yahoo fired Thompson, it named EVP Ross Levinsohn interim CEO.
For a while, the board held off starting a formal search. The idea was to calm the waters.
That process has now begun, the Wall Street Journal's Amir Efrati reports.
After Scott Thompson's unceremonious departure from Yahoo's CEO spot earlier this year, Ross Levinsohn took over as the company's interim chief executive -- and for a while there, he was widely expected to eventually be named Yahoo'... Read Post
No Yahoo has now officially confirmed the news we reported earlier: Ross Levinsohn is now interim Chief Executive Officer, replacing Scott Thompson, and Fred Amoroso is chairman of the board. Read Post