Think you're having a good day? Try being Tim Morse, who was just relieved of the seemingly impossible task known as "being the Chief Executive Officer of Yahoo." After years of turmoil and bouts of bickering with Alibaba, Yahoo has just appointed Scott Thompson as its new CEO -- marking the introduction of a new year with the introduction of a new head honcho. Mr. Morse, who was standing in as interim CEO, will resume his role as Chief Financial Officer, and Thompson will become a member of the company's Board of Directors starting January 9th. Scott served most recently as President of PayPal, where -- so far as we can tell -- he did nothing to remove the draconian 'dispute' process that has jaded so many souls belonging to slighted eBayers. Bitterness aside, his primary focus in his new role will be to "continue the strategic review process to identify the best approaches for the company and its shareholders," and the release makes clear that Yahoo is "considering a wide range of opportunities for the company's business, as well as specific investments or dispositions of assets." Sounds fun, no?PayPal's Scott Thompson becomes CEO of Yahoo; signing bonus probably stuck in a frozen account originally appeared on Engadget on Wed, 04 Jan 2012 09:30:00 EDT. Please see our terms for use of feeds.
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