Yahoo Narrows Field in New CEO Search

Sources say it's a race between the interim CEO and Hulu's chief

   

Yahoo‘s (NASDAQ:YHOO) search for a new CEO has been winnowed to two candidates. Either current interim CEO Ross Levinsohn will be tapped to take on the position permanently, or the company will bring in Hulu’s chief, Jason Kilar, sources told AllThingsD.com.

That makes it a choice between executives with product development experience or media content experience. Yahoo will be deciding how to define itself with the choice, the sources said.

Yahoo Rediscovers the Ad Business
Yahoo Rediscovers the Ad Business

The struggling Internet pioneer has had a bumpy last few months. CEO Carol Bartz was booted from the company last fall, replaced by Scott Thompson, the former head of eBay‘s (NASDAQ:EBAY) PayPal unit.

In May, its Thompson was forced to step down after less than a year at the job after questions emerged about inaccuracies in his corporate biography.

Sources at Yahoo told AllThingsD that Levinsohn had the edge to remain on as CEO because he had been with Yahoo for a number of years and many in the company would prefer not to bring in another outsider. Regardless of whom Yahoo ultimately chooses, you can bet their resume and biography will be double- and triple-checked.

Shares of Yahoo slipped fractionally in early Friday trading.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/yahoo-narrows-field-in-new-ceo-search/.

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