Friday, March 9, 2012

CEO Retreat, Yahoo Now Headed "Employee Savings"

Yahoo CEO Scott Thompson is only 4 months in office decided to resign from his position related to a fake memoir, Sunday (13/05/2012). For the time being, Yahoo will be led by interim CEO, Ross Levinsohn.

Levinsohn who previously served as executive vice president of Yahoo U.S. region. He began joining Internet pioneer Yahoo when the company is still led by Carol Bartz in 2010.

At that time, Yahoo said Levinsohn as an employee with the "untapped jewel" and has "incredible platform". Seeing the potential Levinsohn, Yahoo entrusting control of Yahoo's global advertising business is worth billions of dollars.

Levinsohn himself acknowledged that Yahoo now has a serious problem on their shares. "My challenge now is to transfer Yahoo's business at the forefront," said the man was born in 1964.

Levinsohn has a long track record in business media. She has worked at CBS Sportsline, HBO, and Fox Interactive Media, which owns News Corp., which focuses on internet business and new media.

In the News Corp. acquisition Levinshon annexing a large part of the social networking site MySpace in 2005, worth 500 million dollars. In less than two years, Fox Interactive Media Levinsohn bring profitable U.S. $ 6 billion.

Levinsohn is unclear whether Yahoo will be a permanent CEO, but he seems to be the strongest candidate.

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