NEW YORK, May 23, 2012 /PRNewswire/ -- The visibility surrounding the forced exodus of major corporate CEOs this month proves again that a company's top executive

Yahoo CEO Scott Thompson has decided to leave the company in the wake of all the controversy surrounding his resume. Effective immediately, Ross Levinsohn will take over as interim CEO while the company looks for a new CEO to run the endangered Internet company.

Yahoo’s embattled CEO Scott Thompson told top executives at the once great internet company he had never given them false information on his resume, according to a person familiar with the matter.

NEW YORK, May 9, 2012 /PRNewswire/ -- Third Point LLC, owners of 5.8% of Yahoo! shares sent the following letter to the Company's Board today: Board of DirectorsYahoo!

The turbulence created by Dan Loeb and his investment firm Third Point LLC has begun to impact Yahoo at its core, as the board announced late Tuesday evening that Patti Hart will not be seeking re-election for a position on the board once her term is up.