Yahoo names PayPal exec as CEO
Photo credit: AP | PayPal president Scott Thompson fields a question at the Web 2.0 Summit in San Francisco on Nov. 15, 2010.
Yahoo Inc. said early Wednesday that it is naming Scott Thompson, president of eBay Inc.'s PayPal division, as its new chief executive.
The struggling Internet company has been without a permanent chief executive since early September, when it fired Carol Bartz after losing patience with her attempts to turn around the company during her 21/2 years on the job. Tim Morse, Yahoo's chief financial...
