Home > Headlines > Yahoo CEO Scott Thompson’s cancer diagnosis influence to quit.

Yahoo CEO Scott Thompson’s cancer diagnosis influence to quit.

Scott ThompsonBefore resigning as chief executive of Yahoo Inc., Scott Thompson unveiled to the company’s board of directors and some colleagues that he has been diagnosed with thyroid cancer, according to the reports.

The decision to quit from Yahoo was in part influenced by Thompson’s cancer diagnosis, the reports said.

The sources said that diagnosis had happened in recent days, while the board was examined why the executive’s academic record had mistakenly included a computer science degree. The mistake in Mr. Thompson’s resume appeared in a Yahoo regulatory filing and on Yahoo’s and other corporate websites.

On Sunday, Yahoo said that Thompson was resigning as chief executive and would be succeeded by Ross Levinsohn, a senior Yahoo executive who becomes provisional CEO.

Yahoo also announced a deal to end a proxy fight with Third Point LLC, which is a huge shareholder of the Sunnyvale, Calif., Internet Company.


Leave a comment