Ousted Yahoo CEO Thompson Has Cancer, Report Says

Scott Thompson Yahoo cancerNEW YORK -- Yahoo's Scott Thompson, who was pressured to give up his CEO post because his official biography included a college degree he never received, reportedly has thyroid cancer.

The Wall Street Journal, citing people it did not identify, says that Thompson told Yahoo's board and several colleagues of his condition before resigning from his role with the company. The newspaper says it was told by one source that Thompson's decision to resign was partly influenced by his cancer diagnosis.

Thompson was hired as Yahoo's CEO in January to fill a void created by Carol Bartz's firing.

Yahoo Inc. has named Ross Levinsohn as its interim CEO. Levinsohn had a successful stint running Internet services within Rupert Murdoch's media empire at News Corp. before Bartz hired him in November 2010

Yahoo's stock gained 33 cents, or 2.2 percent, to $15.52 in premarket trading Monday.

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Ex-Yahoo CEO Told Board He Has Cancer

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Any major company I have been associated with would require a pre-employment physical for any executive as a final step before extending an employment offer. THis is just prudent. Did Yahoo avoid this normal step and, if so, why ?

May 14 2012 at 12:28 PM Report abuse rate up rate down Reply

The SAD part is that if he didn't put a degree on RESUME he would have never gotten jobs that made him qualified to run the company. It seems crazy that a degree that someone earned 30 years ago means more than 30 years of work experience.

May 14 2012 at 11:15 AM Report abuse rate up rate down Reply

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