After much speculation about a possible hire early in the morning, Yahoo has officially appointed former PayPal president Scott Thompson as the new Chief Executive Officer. The new appointment will become effective as of January 9, 2012 as current CEO Tim Morse shifts back into his former Chief Financial Officer position. Yahoo said Thompson will also serve on the company's Board of Directors starting on January 9 as well.
2DayBlog.com, Yahoo names former PayPal President as new CEO
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