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Yahoo Adds PayPal Cofounder Max Levchin To Board, Two Members Step Down

Yahoo has named former PayPal cofounder Max Levchin to its board of directors, as two other board members are stepping down. The addition of Levchin, a well-known Silicon Valley technology executive, is another move towards Marissa Mayer‘s efforts to revamp Yahoo with a technology focus.

 

Yahoo names PayPal exec as its CEO

Yahoo

Yahoo Inc. has named Scott Thompson, president of eBay Inc.'s PayPal division, as its new CEO, the fourth one in less than five years for the struggling Internet company.

Senh: At least Scott Thompson is familiar with the internet. I think they need to find an innovator, but those guys are hard to find.

 

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