Analyst: Yahoo should name Levinsohn permanent CEO
SAN FRANCISCO (MarketWatch) - Yahoo Inc. should name interim Chief Executive Officer Ross Levinsohn as the Web portal's permanent CEO, an analyst urged Friday. Yahoo has yet to name a permanent CEO after the departure of ex-Chief Scott Thompson. The company is scheduled to report results on Tuesday next week. In a note, BGC Partners analyst Colin Gillis said "it's time for the board to finish its process and appoint a CEO. In our opinion, if Ross is going to be CEO, the board should announce this before the earnings call next Tuesday. With catalysts such as the Olympics and U.S. elections coming later in 2012, a timely resolution of the process is needed." Shares of Yahoo were up a fraction in afternoon trades.