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ATD: Yahoo's CEO Scott Thompson to step down amidst degree scandal (update: confirmed)
While thousands upon thousands of Americans are celebrating graduation weekend with degree in hand, it looks as if the CEO of one particular internet company will be wondering why he lied about his. After weeks of investigating, word on the street has it that freshly appointed (as in January 4th) CEO Scott Thompson will be "stepping down." In other words, he's being canned. The news comes from an All Things D report on the matter, with the official word expected soon. The scandal took hold a few weeks back, with the official Yahoo bio listing a computer science degree that he allegedly didn't even have. The company line is that he's bolting for "personal reasons," but seriously -- what are the chances these "reasons" would've emerged sans scandal? It's bruited that Yahoo's global media head Ross Levinsohn will be filling Scott's shoes for now, but there's no word yet on who the firm's next CEO will be. It's a shame, but it sure feels like a revolving door in Yahoo's corner office. Update: Yahoo has confirmed Thompson's departure in an official press release (after the break), placing Ross Levinsohn in a interim CEO position, as expected. The firm also mentions that Roy Bostock's seat as Chairman of the board will be filled by Fred Amoroso. Hit the break for the official statement.
Hector Ruiz steps down as AMD CEO
Don't say the writing wasn't already littering the walls, because it was. Just months after AMD hacked its workforce by 10% and let its CTO walk away without being replaced, the company's second CEO after Jerry Sanders has spent his last day in AMD's biggest corner office. Hector Ruiz has decided to walk away from his role in the flagging outfit, leaving his right hand man (that would be Dirk Meyer) to take over whatever there is to take over. Of note, Mr. Ruiz will still have ties with the company as he remains on its board of directors as "executive chairman," though it's hard to say how much influence he'll have from there. Really though, what's next?[Thanks, nehemoth]
John Kneuer resigning as digital TV transition chief
It's been no secret that lawmakers have been sweating the fact that not a whole lot of Americans are truly informed about the quickly approaching 2009 digital TV cutover, and now it seems the effort to spread the word will be led by someone new. John Kneuer, the current head, will be stepping down this month "to pursue new opportunities," leaving the role of administrator of the National Telecommunications and Information Administration. An agency spokesman did note that the resignation was Kneuer's "own decision" and that his departure "would have no impact on the preparations for the transition. As it stands, Meredith Baker, deputy assistant secretary, will be stepping in to cover his duties, but the White House should be nominating an official replacement soon enough.
Niklas Zennstrom resigns as Skype's CEO
Niklas Zennström, who we had the pleasure of sitting down with nearly three years ago for an interview, is officially stepping down as CEO of Skype. Reportedly, he will now become the non-executive chairman of the Skype Board of Directors, and while searching for a "permanent successor," eBay's Chief Strategy Officer (Michael van Swaaij) will take the reigns as acting CEO. Additionally, "Henry Gomez, Skype's President, who remained a Senior Vice President at eBay during his two-year tenure at Skype, will return to eBay as Senior Vice President for Corporate Affairs." Lastly, eBay also made known that it has paid out €375 million (around $530 million) "to settle all of its future obligations under the earn-out agreement signed with certain Skype shareholders when eBay acquired Skype in 2005."[Thanks, Randall B.]
AMD's chief sales and marketing officer resigns
According to an article recently put out by The Wall Street Journal, Advanced Micro Devices' chief sales and marketing officer Henri Richard is stepping down. Reportedly, AMD's top sales exec "decided to leave AMD because of another job opportunity," although we aren't told where exactly he'll be heading. The firm is supposedly planning to "formally announce Mr. Richard's resignation" soon, but attempts to contact the chip maker for comment were apparently in vain.[Via Hexus, thanks Arneh]
