© 2022 Kansas City Public Radio
NPR in Kansas City
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Yahoo Names New CEO: Ex-PayPal President Thompson

STEVE INSKEEP, HOST:

NPR's business news with Yahoo's CEO search.

(SOUNDBITE OF MUSIC)

INSKEEP: Yahoo has been looking for a new CEO ever since the board fired Carol Bartz last September. Today, the Internet search and advertising company announced it's found one - Scott Thompson. He was most recently president of the online payment giant PayPal, which is now part of eBay. He's going to take over a company that's been floundering. Revenues need a boost and more importantly maybe, Thompson has to come up with a way for Yahoo to stay relevant and competitive with the online rivals like Google and Facebook out there. Transcript provided by NPR, Copyright NPR.

KCUR serves the Kansas City region with breaking news and powerful storytelling.
Your donation helps make non-profit journalism available for everyone.