SUNNYVALE (dpa-AFX) - Online video site Hulu LLC said Friday that its chief executive officer, Jason Kilar, has declined to be considered for the position of chief executive officer at Internet giant Yahoo Inc. (YHOO).
'As has been reported, Jason Kilar has been a focus of the Yahoo CEO search committee. He has graciously declined to be considered,' Hulu said in a emailed statement.
Yahoo began the search for a new CEO after Scott Thompson resigned as CEO and a director of the Sunnyvale, California-based company in mid-May, following relentless calls from investors to fire him. The move came after Thompson was found to have embellished his academic credentials, which undermined his credibility as a technology expert.
As part of an ongoing strategic review process that started in early September after Carol Bartz was fired as CEO over phone by the Yahoo board, Scott Thompson was named by Yahoo to take over as its fourth CEO in five years in early January.
Media reports said earlier this week that Yahoo had narrowed down its search for a permanent CEO to two men - the company's interim CEO Ross Levinsohn and Kilar.
Levinsohn was Yahoo's global media chief before taking over as interim CEO. Yahoo shares closed Friday's regular trading session at $15.78, down 7 cents.
Copyright RTT News/dpa-AFX
Kostenloser Wertpapierhandel auf Smartbroker.de