Give Yahoo this much: They know how to keep the rest of us in suspense..
(Credit: Greg Sandoval/CNET)
A big letdown today for any Yahoo watchers who had expected the company to name Ross Levensohn as its new CEO during the company's annual shareholder meeting this morning. Levensohn is still serving as the company's interim boss since May, as its new chief executive.
Unlike Yahoo's previous two CEOs, Scott Thompson and Carol Bartz, Levensohn actually has a background in media, a resume entry that one might assume would be helpful running what, essentially, is a media company. That hasn't been the MO at Yahoo for quite a while. Bartz was the one-time CEO of Autodesk while Thompson ran online payment service PayPal. This would have been the first time someone with deep media experience would be running Yahoo since Terry Semel stepped down in 2007.
But Yahoo's board is still mulling other candidates, according to AllThingsD, which was first to report that Levensohn was not going to get the official CEO nod. Levensohn's appointment had been... [Read more]
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