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Wednesday, January 4, 2012

Yahoo has a new CEO – pinches current PayPal boss

Yahoo has found a new CEO. After unceremoniously dumping previous CEO Carol Bartz, hired in order to salvage the company, it has now brought in PayPal’s President Scott Thompson.

Interim CEO Tim Morse, placed by the board during the search, will return to his role as chief financial officer in the company.

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