Former Yahoo! CEO Scott Thompson Hired As CEO Of ShopRunner

Posted Jul 23, 2012

Former Yahoo! CEO Scott Thompson has been hired as the CEO Of ShopRunner.  Thompson left Yahoo! after it was discovered that he had a faulty resume.  His resume claimed to have a computer science degree, but he actually had an accounting degree.  ShopRunner is a company that gives faster shipping from shopping sites in exchange for a membership fee.  In a press release announcing Thompson’s hiring, ShopRunner released the following statement:

“Most recently, Scott Thompson was CEO of Yahoo!. His career includes leadership positions in the Internet and payment industries including serving as the President of PayPal with overall responsibility for growing the global payment brand. Under his leadership, Thompson turned PayPal into a massive force, growing its user base from 50 million to 104 million active users across 190 countries and having over 8 million merchant partners in its network. Thompson also held positions as PayPal?s senior vice president and chief technology officer, overseeing information technology, product development, and PayPal?s architecture. Prior to PayPal, Mr. Thompson held executive positions with Inovant, a subsidiary of Visa, Barclays Global Investors and Coopers and Lybrand.”