Did Cancer Hasten Scott Thompson's Demise?
In another dark twist to Scott Thompson’s fall, the exiting Yahoo CEO has reportedly been diagnosed with thyroid cancer. As sources tell The Wall Street Journal, that’s what Thompson told the company’s board of directors and several colleagues, last week. “The decision to step down from Yahoo was in part influenced by Mr. Thompson's cancer diagnosis,” WSJ reports, citing a source. The diagnosis apparently occurred only recently -- all while the board was investigating why Thompson’s academic record had erroneously included a computer science degree.
Yahoo on Sunday said Thompson was resigning as CEO, and would be succeeded by Ross Levinsohn, a senior Yahoo executive who becomes interim CEO. Yahoo also announced a deal to end a proxy fight with Third Point LLC, which is a large shareholder of Yahoo, and a staunch critic of Thompson. Meanwhile, “Thompson told one colleague that he didn't want to publicly discuss the cancer diagnosis because he wanted to keep personal details private,” WSJ reports, citing its source.
Recent Around the Net In Online Marketing Articles
-
Foursquare Gets $41M In Private Equity April 11, 11:34 a.m.
Giving itself more time to grow and mature as a business, Foursquare just took $41 million ...
-
Google Unveils Google Keep App March 21, 11:29 a.m.
Confirming earlier reports, Google on Thursday unveiled a new note-taking app named Google Keep. But, despite ...
-
Nexflix Friends Facebook March 13, 2:29 p.m.
In what Web watchers are calling a long-overdue integration, Netflix has finally tapped Facebook to offer ...
-
Mason Out At Groupon March 1, 10:45 a.m.
Andrew Mason is out at Groupon. Yes, after another disappointing quarter -- which sent the deal ...
-
Groupon Loses Market Value Feb. 28, 11:34 a.m.
In the surest sign yet that the once-booming daily-deal space has busted, Groupon lost a quarter ...
-
Foursquare To Take Credit, Debit Cards Feb. 26, 11:23 a.m.
In conjunction with its check-in deals program, Foursquare will now accept Visa, Mastercard and debit cards. ...
-
Pinterest Valued At $2.5B Feb. 21, 12:47 p.m.
Social scrapbooking sensation Pinterest has secured $200 million at a valuation of $2.5 billion. “There have ...
-
HP To Adopt Google's Android System Feb. 14, 11:59 a.m.
Reshaping the mobile landscape, Hewlett-Packard reportedly plans to adopt Google’s Android operating system to run a ...
-
Amazon Creating App Currency Feb. 5, 11:11 a.m.
Amazon on Tuesday unveiled a virtual currency for Kindle Fire owners to purchase apps and games, ...
-
Vine Overrun By Port Jan. 28, 12:24 p.m.
Vine is off to a rough start. Since making its public debut last week, the Twitter-owned ...
Be the first to comment on "Did Cancer Hasten Scott Thompson's Demise?"
Leave a Comment