Originally posted on paidContent:
A day ahead of Q1 earnings, Yahoo (s yhoo) CEO Scott Thompson filled in a vital blank spot in his plan to remake the media company. As many expected, Thompson has hired fellow PayPal (s ebay) alum Sam Shrauger to head a new e-commerce initiative. He’s also gone a step further, promoting Mollie Spilman to co-lead the new unit with Shrauger.
Both will be EVPs, both will report to Thompson directly, and both will be on his executive leadership team.
Shrauger was VP of the global product and customer experience organization at PayPal before he left earlier this month. Spilman heads marketing for the Americas group, which is being split into product through the new consumer group and sales, which stays with the regional setup. Put another way, Shrauger knows e-commerce; Spilman knows media, marketing — and Yahoo.