For former Yahoo CEO Scott Thompson, it was an incorrect resume, revealed by an activist shareholder, that initially prompted the company's board to sever ties with him in 2012. In 2015, former United CEO Jeff Smisek parted ways with the airline in connection with a federal probe into whether it improperly tried to sway officials at the […]
The Yahoo CEO job is the most "cursed" job in tech. From Carol Bartz and Scott Thompson to Marissa Mayer, a parade of once-respected executives have walked in to Yahoo thinking they could turn it around, only to fail spectacularly, and...Show More Summary
Steve Easterbrook has replaced Don Thompson as CEO but McDonald's franchisees' dissatisfaction with management has not been replaced with optimism. Janney Montgomery Scott analyst Mark Kalinowski's latest survey of McDonald's owners--32, representing 215 stores--finds them even less optimistic than they were a year or even a one month ago. Show More Summary
Here's a painful reminder for Yahoo shareholders. In 2012, then-CEO Scott Thompson agreed to sell 20% of its stake in Alibaba. At the time, Alibaba was a private company with a ~$30 billion valuation. Today, Alibaba is a public company valued at ~$300 billion. Show More Summary
The ShopRunner CEO and former PayPal president briefly led Yahoo in 2012.
Scott Thompson, the CEO of ShopRunner and one-time CEO of Yahoo, has joined the board of directors of Radius, a startup that helps salespeople build targeted lists of prospective small-business customers. Radius started off as Fwix, an aggregator of so-called "hyperlocal content," and has raised more than $30 million from BlueRun Ventures, Comcast Ventures and American Express.
Time to give credit where credit is due.
NEW YORK (Reuters) - Chinese e-commerce company Alibaba Group, which is preparing for an initial public offering in Hong Kong, has bought a minority stake in online shopping company ShopRunner, the Financial Times reported on Friday....Show More Summary
J. Scott Applewhite/APJPMorgan Chase & Co. Chairman and CEO Jamie Dimon. By DON THOMPSON SACRAMENTO, Calif. -- California's attorney general sued one of the nation's largest banks Thursday, alleging that JPMorgan Chase used illegal tactics...Show More Summary
-Interbrand has welcomed Scott Christie has creative director of its Toronto office. -Five-year Droga5 vet Sarah Thompson has been promoted to CEO of the agency’s New York office. link -L.A.-based brand strategy/agency Oishii Creative...Show More Summary
It's no secret that Yahoo! is in the midst of a turnaround under new CEO Marissa Mayer. The company laid off a whopping 14% of its workforce last year under former CEO Scott Thompson. However, the company also recently changed another policy. Show More Summary
Another governance scandal, as its newly-installed president, Richard Dare, resigns after only nine days on the job.It seems he probably lied about his professional history. (Shades of former Yahoo! CEO Scott Thompson.) And: he is aShow More Summary
A fallen CEO starts working to revive his reputation.
After two months on the job, Yahoo CEO Marissa Mayer finally updated employees on her turnaround plan for the company last week. One thing she did not mention: layoffs, which had been central to former Yahoo CEO Scott Thompson's plan. Show More Summary
Scott Thompson is the former Yahoo CEO who lost his job because he was fighting a proxy war with hedge fund manager Dan Loeb. Loeb's key to victory was discovering that Thompson's official bio listed a computer science degree that Thompson did not actually have. Show More Summary
Former Yahoo Inc. CEO Scott Thompson has landed on the board of online financial services provider Kabbage Inc. Atlanta-based Kabbage recently raised $30 million in venture capital and is plotting an international expansion, buoyed by...Show More Summary
Kabbage, which provides working capital to online merchants, is announcing that Scott Thompson, CEO of ShopRunner, former President of PayPal, and former Yahoo CEO is joining its board of directors. Considering Thompson's experienceShow More Summary
We are roughly eight weeks into Marissa Mayer's tenure as Yahoo's new CEO. And in most cases, she seems to be doing the opposite of what Scott Thompson did. That's a plus. But I keep waiting for the big headline that will show Mayer is serious about turning Yahoo around: Yahoo to Lay Off Thousands. Show More Summary
Way back in the first quarter, hedge fund manager Dan Loeb bought a huge stake in Yahoo, and then launched a proxy war on its board. Eventually, Loeb targeted Yahoo CEO Scott Thompson, and got him booted from the company for misstating...Show More Summary
On May 13, Yahoo's board announced that it had parted ways with CEO Scott Thompson. In an announcement, Thompson said he was leaving Yahoo due to his health, but everyone knew the real reason. During the course of a proxy war with one...Show More Summary