It Looks Like Yahoo Has Found Its CEOBy: Chris Crum - July 6, 2012
First of all, there’s no official word yet, but it does look like Yahoo may have found its new CEO: current interim CEO Ross Levinsohn.
Yesterday, it was reported that Yahoo had narrowed its search for a CEO down to two people: Levinsohn and Hulu CEO Jason Kilar. It appears that Kilar isn’t interested.
Now, Business Insider’s Owen Thomas says he’s received confirmation from Hulu that Kilar has declined the position, sharing the following statement:
As has been reported, Jason Kilar has been a focus of the Yahoo CEO search committee. He has graciously declined to be considered.
Given Yahoo’s track record of CEO success, it’s not hard to believe Kilar might be more interested in continuing to run Hulu.
If Yahoo does end up going with Levinsohn, it will be quite interesting to see how Yahoo’s strategy shifts (if at all). Yahoo has made some of its most significant announcements in search in recent months (such as its newly revamped image and video search features, and of course, its mobile browser Axis).
We’ll also be interested to see if Yahoo’s search deal with Microsoft plays out, as there have been rumors that the deal will fall apart prematurely, ahead of its ten-year commitment.
In other Yahoo news, it appears the company and Facebook have made peace over patents.
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