Really, Yahoo. What Is Taking So Long?

When Yahoo hired Scott Thompson as CEO back in January, many at the company were surely hoping that they'd finally found the game-changing leader they'd so sorely needed for years. Now just four months later, Thompson is only serving to highlight the exact deep-rooted corporate sluggishness that he was meant to upend. There have been lots of rumors and reports about the progress of Just now, Yahoo issued a press release announcing it has "formed a special committee to conduct a thorough review of CEO Scott Thompson?s academic credentials." This is probably supposed to be a sign of progress, but it comes across as just the opposite. The release says that the "special committee and the entire Board appreciate the urgency of the situation," but do they really? This issue came to light on May 3. Today is May 8.

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