Monday 30 July 2012

Top Yahoo Exec Ross Levinsohn Steps Down

Ross Levinsohn is leaving Yahoo after former Google executive Marissa Mayer was chosen over him to be the new CEO. While the move was expected, this could be called the first big blow Mayer has faced since her appointment.

Levinsohn was named interim CEO this year after Scott Thompson was outed for faking a computer science degree on his resume. He had several big victories as interim CEO, including settling an aggressive patent infringement lawsuit against Facebook that Thompson had initiated. For the last two years, Levinsohn ran some of Yahoo?s most important business units, including media and advertising sales.

Kara Swisher at AllThingsD reports that Levinsohn doens?t have firm plans for his next job. But he kept business rolling in for Yahoo during its rough years, and that?s sure to have earned him a few admirers in the industry.


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