Scott Thompson out as Yahoo CEO

After more than a week of controversy over his embellished resume, the company announces his departure


Embattled Yahoo CEO Scott Thompson, who led the company for just four months, has left the company, the company announced Sunday, after more than a week of controversy over questions about embellishments to his resume.

Ross Levinsohn, who is the company's head of global media, will serve as interim CEO while the board searches for a permanent replacement. Thompson is the third CEO to be hired and then leave the company in just a little over three years, and this latest incident is sure to continue the ongoing turmoil that Yahoo, a pioneer in the Web portal space, has endured.

(More to follow.)

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