AP Photo/Paul Sakuma
Scott Thompson speaks at the Web 2.0 Summit in San Francisco on Nov. 15, 2010.
The Wall Street Journal's technology blog AllThings D cited "multiple" unnamed sources close to the situation reporting that the Internet giant will say Thompson is stepping down for personal reasons. The report says Yahoo will appoint another executive as interim CEO.
The company's board of directors also will appoint three new members and select a new chairman on Sunday, the Journal reported. A Yahoo Inc. spokeswoman did not immediately return a call for comment.
At various times, published summaries of Thompson's academic background have included a computer science degree from Stonehill College. Thompson earned an accounting degree from Stonehill, a Catholic school near Boston, in 1979. He did not earn a computer science degree. Yahoo correctly lists that information in his biography.
Yahoo hired Thompson, the former head of eBay's PayPal, in January to help orchestrate a turnaround.