Former Yahoo CEO And PayPal President Scott Thompson Joins Data-Focused Merchant Lender Kabbage?s Board

Kabbage, which provides working capital to online merchants, is announcing that Scott Thompson, CEO of ShopRunner, former President of PayPal, and former Yahoo CEO is joining its board of directors. Considering Thompson's experience in the payments and financial services world, this is a big win for Kabbage. Thompson is currently the CEO of ShopRunner, a shopping network that offers an Amazon Prime-like service to merchants. Thompson joined ShopRunner shorty after he resigned from his position as CEO of Yahoo. Prior to ShopRunner, he was CEO of Yahoo. Thompson left Yahoo in May for personal reasons, amidst controversy over claims in his resume and experience. And Thompson was previously the President of PayPal from 2008 to early 2012, and prior to that he was PayPal?s Chief Technology Officer.

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