Yahoo Names PayPal Head Scott Thompson as New CEO

Wednesday Jan 4th 2012 by Staff

The eBay exec will take over for interim CEO Tim Morse, who has held the position since Carol Bartz was fired in September.

All Things D: Yahoo has concluded its search for a new CEO. The position will go to Scott Thompson, who currently heads up eBay's online payments division, including PayPal. Thompson also previously served as PayPal's CTO.

Yahoo had been looking for a new CEO since it fired Carol Bartz in September. For the past few months. Yahoo's former CFO Tim Morse had been filling in as interim CEO.

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