Just imagine now if it gets its act together under new CEO Scott Thompson.

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Former CEO Scott Thompson resigned over a mistake on his resume in May 2012, after only 5 months in the job.

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Reading an analysis in the Wall Street Journal by Joseph Walker, one word represented the great virtue Yahoo CEO Scott Thompson must bring to his new job: focus.

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Internet search engine Yahoo (YHOO) will reportedly name PayPal President Scott Thompson as CEO.

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Scott Thompson, CEO of Yahoo, admitted he had falsified his resume by claiming a degree he did not have.

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Over the weekend, the company announced Ross Levinsohn would replace Scott Thompson as Interim CEO and that Dan Loeb and 2 other of his nominees would join the board, with several long-tenured members leaving immediately.

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Known for firing off harsh letters lambasting corporate executives and board members of companies he is targeting, in 2012 Loeb led a successful effort to dislodge Scott Thompson from the CEO position at Yahoo and replace him with Marissa Mayer.

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Scott Thompson, president of PayPal, has just been named CEO of Yahoo!

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