Yahoo (YHOO)! Inc. Chief Executive Officer Scott Thompson, trying to lead a turnaround at the largest U.S. Web portal, hired former PayPal executive Sam Shrauger to help run a new consumer-commerce division.
Shrauger will co-lead the business with Mollie Spilman, a current Yahoo executive, the company said today in a statement. The new unit, made up of existing Yahoo properties, will help connect consumers to marketers and merchants in categories such as autos, travel, jobs and retail goods.
