Yahoo! about to name a new CEO

4 Jan 2012

Internet portal giant Yahoo! is on the verge of naming a new CEO, it has emerged.

According to All Things Digital, the likely candidate for the role is PayPal president Scott Thompson, who also runs eBay’s payments unit.

Carol Bartz was dismissed from the CEO role in September.

Since then, Yahoo!’s future has been under the microscope, with various reports suggesting part of the business may be sold off.

Microsoft, which three years ago mulled buying the company, has even returned as a potential buyer of the internet portal.

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years