After firing former CEO Carol Bartz in September, Yahoo is ready to name PayPal President Scott Thompson as chief, the website AllThingsD reported by mentioning sources close to the situation.
Thompson has been managing PayPal, the online payments unit of eBay, since early 2008, and
formerly its chief technology officer.
PayPal processed US$29-billion in payments in the third quarter of 2011.
However, the Internet Company has been lacking a permanent chief executive since early September, when it fired Carol Bartz after losing patience with her attempts to turn around the company ...