Reuters: Financial Services and Real Estate: Yahoo CEO Thompson to step down - AllthingsD

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Yahoo CEO Thompson to step down - AllthingsD May 13th 2012, 16:51 Sun May 13, 2012 12:51pm EDT May 13 (Reuters) - Yahoo Inc Chief Executive Scott Thompson is stepping down after a controversy over a fake computer science college degree on his biography, according to the blog AllthingsD. Thompson's interim replacement will likely be Yahoo's global media head Ross Levinson. Yahoo's board is also closing in on a settlement with activist shareholder Daniel Loeb of Third Point, who discovered Thompson's misstep, AllthingsD said.

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