- Associated Press - Thursday, May 17, 2012

SAN FRANCISCO (AP) - Yahoo’s new boss is dismantling a consumer-commerce division created by recently dispatched CEO Scott Thompson.

Interim CEO Ross Levinsohn announced the decision in a memo sent Thursday to Yahoo Inc. employees. The move signals Levinsohn’s ideas for turning around the troubled Internet company differ from Thompson‘s.

The reversal comes a month after Thompson created the consumer-commerce division to help revive Yahoo’s revenue growth.

Thompson stepped down from Yahoo last weekend after just four months on the job. His departure was triggered by the revelation that his resume included a college degree in computer science that he never received.

Now, one of the executives hired by Thompson is out a job at Yahoo, too. Sam Shrauge is leaving after joining Yahoo last month to oversee the consumer-commerce division.

Thompson and Shrauge had previously worked together at PayPal, an online payment service owned by eBay Inc. Shrauge left PayPal to oversee Yahoo’s consumer-commerce division with Mollie Spillman, who had previously been overseeing Yahoo’s marketing in the Americas.

Under the new setup dictated by Levinsohn, Spillman will become Yahoo’s chief marketing officer. She replaces Penny Baldwin, who had been picked by Thompson to handle the job on an interim basis.

Instead of operating as a separate division, Yahoo’s commerce operations will operate within the company’s global media team. Those efforts will be overseen by Mickie Rosen.

In his memo, Levinsohn promised to share more details about his vision for the company within the next few weeks.

“I’m fired up and I hope you are too,” Levinsohn wrote.



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