With Thompson Gone, Yahoo Needs Stability

So Scott Thompson is out, adding to the growing list of CEOs who simply couldn’t hang on to their job at Yahoo. Not only did hedge fund Third Point get the ouster it wanted, it’s also getting three board seats. Adding to Thompson’s woes, the now former CEO revealed the awful news to the board that he has thyroid cancer, which is part of the reason he’s resigning. He had been in the job since January.

Ross Levinsohn (left), the company’s head of global media, is taking the CEO seat on an interim basis.

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