Ross Levinsohn, who served as Yahoo!’s interim CEO between the departure of Scott Thompson and the arrival of Marissa Mayer, has a new CEO role, at new global diversified financial services firm Guggenheim Digital Media (GDM).
Levinsohn stepped into Yahoo!’s CEO role after Thompson exited Yahoo! in May 2012, after allegations surfaced that he had added a fake computer science degree to his official biography and before former Google executive Mayer took up the post in mid-July.
Levinsohn, who had previously served as Yahoo!’s global media head, had reportedly been a stronger contender for the permanent CEO job. He left Yahoo! at the end of July.
Now, Levinsohn says he is excited to be part of the Guggenheim family of companies.
“GDM has a powerful and competitive portfolio of iconic media assets today, and I look forward to identifying new opportunities for growth as the media and technology industries continue to rapidly evolve,” says Levinsohn.
GDM says it will allocate ‘significant capital to acquire and invest in new media companies and properties that will meaningfully expand’ its current portfolio.
