Ross Levinsohn lost the Yahoo CEO gig after serving as interim chief following Scott Thompson’s ouster. Now Yahoo is losing Levinsohn, as first reported by AllThingsD. Shortly after the news broke Monday afternoon, Yahoo issued a statement confirming Levinsohn’s departure.
No word yet on where Levinsohn will land, but by the looks of Yahoo’s regulatory filing, Levinsohn negotiated himself a pretty sweet parachute. He gets to cash in what would he have earned in salary for the next 12 months, plus his annual bonus and some of next year’s expected bonus.
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