Yahoo’s embattled former CEO gets new job

Scott Thompson, who was pushed out as CEO of Yahoo amid scandal this spring, has landed a new job.

ShopRunner, an online shopping network, announced Monday that it has hired Thompson as its CEO. Mike Golden, who co-founded the nearly 2-year-old company, will step down as its CEO and act as company president.

Thompson, who had been Yahoos CEO for only five months, had been a member of ShopRunners board of directors.

Michael and I both felt he would be the perfect long-term CEO, said Golden in a statement. We are thrilled that Scott has taken us up on our offer to lead ShopRunners continued growth. Read more...