The trend of never-ending executive changes at Yahoo! (NASDAQ: YHOO) continues. New interim CEO Ross Levinsohn fired some of the people predecessor Scott Thompson hires. The most notable of these worked with Thompson at the Ebay (NASDAQ: EBAY) PayPal division.This executive–Sam Shrauger–is gone.
Levinsohn also promoted executives to take over Yahoo!’s large global media operations. This was his job until recently. The action, by which Levinsohn gives up his previous position, is a sign he plans to stay as CEO.
Levinsohn also folded e-commerce operations, the core of Thompson’s turnaround plans, back into the company’s traditional structure.
Douglas A. McIntyre