Disgraced Yahoo CEO,Scott Thompson, Now CEO At Pennsylvania Startup ShopRunner

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Last week Yahoo announced the ultimate in poaching executives attracting longtime Google Executive,Marissa Mayer to the open CEO position. Yahoo had been looking for a CEO to replace Scott Thompson after he was ousted for fabricating a Computer Science degree on his resume.

After leaving Yahoo it was unclear what he would do next. Today, several news sites including siliconvalley.com have reported that Thompson is now the CEO of Pennsylvania startup ShopRunner.

ShopRunner is based in Conshohocken Pennsylvania with a satellite office in Silicon Valley’s Meno Park. Thompson will most likely spend a lot of time at the Menlo Park location. He has been based in the Valley throughout a large portion of his career. Prior to the Yahoo appointment, Thompson was a high ranking executive at EBay owned PayPal.

eBay also owns a portion of ShopRunner, a service that provides shopping perks to a number of paid subscribers at various website e-commerce partners.

With Thompson’s experience at PayPal he should do very well at ShopRunner.

“Joining ShopRunner is a tremendous opportunity to build on the strong foundation that the company has already established. While PayPal and ShopRunner are fundamentally different businesses, there are similarities in each of their success,” Thompson said in the company’s news release.

Siliconvalley.com did notice that the news release announcing Thompson’s hiring made no reference about his educational background. It’s obvious that ShopRunner is not concerned about it.

“We are thrilled that Scott has taken us up on our offer to lead ShopRunner’s continued growth,” ShopRunner co-founder and its current CEO Mike Golden said in Monday’s news release. Golden will continue as president of the company.

Linkage:

Find out more about ShopRunner here

Source: siliconvalley.com

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