ADVFN - Advanced Financial Network.
HOME» NASDAQ » Y » YHOO Stock Price » YHOO Stock News

Yahoo! Inc. Share News

 Yahoo! Inc. (mm) Stock Price
YHOO Stock Price
 Yahoo! Inc. (mm) Stock Chart
YHOO Stock Chart
 Yahoo! Inc. (mm) Stock News
YHOO Stock News
 Yahoo! Inc. (mm) Company Information
YHOO Company Information
 Yahoo! Inc. (mm) Stock Trades
YHOO Stock Trades

Ex-Yahoo CEO Leaves Without Severance

By John Letzing Of DOW JONES NEWSWIRES SAN FRANCISCO -(Dow Jones)- Yahoo Inc. (YHOO) said Monday its recently-deposed Chief Executive Scott Thompson is leaving without receiving severance pay, though he will keep so-called "make whole" cash and stock the company had given him to make up for compensation left behind at his former employer eBay Inc. (EBAY). Yahoo disclosed its parting agreement with Thompson in a regulatory filing, one day after he stepped aside following the Internet firm's discovery of evidence that contradicted his claims that he wasn't responsible for a glaring inaccuracy in his academic record. Thompson will leave behind all outstanding but not-fully-vested stock awards, "with no severance compensation," Yahoo said. However, he retains the right to a make-whole grant of restricted stock with a value of $6.5 million, which was previously disclosed. Thompson, who took the top job at Yahoo in January, had been entitled to a total of $22.5 million in potential stock awards, a $1.5 million cash bonus and a $1 million annual salary. Hedge fund Third Point LLC, which had been waging a proxy battle for increased control of Yahoo, flagged an error in Thompson's academic record earlier this month--which mistakenly presented him as having a computer science degree. After an internal review, Yahoo said on Sunday that Thompson would be replaced by interim CEO Ross Levinsohn, an executive who has been with the company since 2010. Meanwhile, Third Point ended its proxy battle after its leader Dan Loeb and others won Yahoo board seats. Thompson had been a highly touted president of eBay's PayPal payments unit before joining Yahoo and making headway on an ambitious turnaround effort. -By John Letzing, Dow Jones Newswires; 415-765-8230; john.letzing@dowjones.com

Stock News for Yahoo! Inc. (YHOO)
DateTimeHeadline
07/29/201520:02:00Présentation de Yahoo LiveText - Une nouvelle façon de communiquer
07/29/201519:57:00Jetzt gibt es Yahoo Livetext – Vernetzung auf neue Art
07/29/201519:53:00Ecco Yahoo Livetext - Un nuovo modo per connettersi
07/29/201517:55:37Statement of Changes in Beneficial Ownership (4)
07/29/201517:50:49Statement of Changes in Beneficial Ownership (4)
07/29/201517:44:51Statement of Changes in Beneficial Ownership (4)
07/29/201517:40:35Statement of Changes in Beneficial Ownership (4)
07/29/201512:05:00Introducing Yahoo Livetext - A New Way to Connect
07/28/201517:12:37Statement of Changes in Beneficial Ownership (4)
07/28/201517:07:24Statement of Changes in Beneficial Ownership (4)
07/28/201509:00:00Yahoo Helps Honda Drive Results as Presenting Sponsor of Hit...
07/27/201509:00:00Yahoo Recommends Shareholders Reject “Mini-Tender” Offer by...
07/26/201521:06:25Social-Media Firms Resist Role of Policing Terror Talk
07/23/201509:26:00CORRECTING and REPLACING Yahoo Appoints Lisa Utzschneider Chief...
07/23/201509:03:00Yahoo Appoints Lisa Utzschneider Chief Revenue Officer
07/21/201520:01:30Yahoo Finally Seeing Some Growth, but at a Cost -- 2nd Update
07/21/201518:08:26Yahoo Finally Seeing Some Growth, but at a Cost -- Update
07/21/201517:00:22Yahoo Posts a Loss, but Revenue Rises
07/21/201516:51:49Yahoo Posts a Loss, but Revenue Rises
07/21/201516:16:52Current Report Filing (8-k)

Yahoo! Inc. and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad