Business
Business

Former Yahoo CEO joins local board

By Arielle Kass
Sept 28, 2012

The former CEO of Yahoo has joined the board of an Atlanta company that lends money to small businesses.

Scott Thompson, who left Yahoo after five months after inaccuracies were found on his resume, joined Kabbage’s board. Thompson is currently the CEO of ShopRunner, and was president of PayPal from 2008 to the early part of this year.

“Kabbage is rapidly reshaping the small business financing space in the same way that PayPal reshaped the payments space over the last decade,” Thompson said in a statement. “I enjoy working with, and believe I can have the most impact on, companies that are re-inventing the ways financial services are delivered to consumers and small businesses.”

Kabbage uses social media, shipping information and other data from small businesses to make quick decisions on loans to those companies.

About the Author

Arielle Kass covers Gwinnett County for The Atlanta Journal-Constitution. She started at the paper in 2010, and has covered business and local government beats around metro Atlanta. Arielle is a graduate of Emory University.

More Stories

Keep Reading

A Delta plane is seen at Hartsfield-Jackson Atlanta International Airport in Atlanta on Wednesday, June 4, 2025. (Arvin Temkar/AJC)

Credit: arvin.temkar@ajc.com

Unions criticize Delta for handling of summer storm

Antiquated IT systems and tight staffing are leaving employees in ‘unacceptably difficult situations,’ Delta's pilot and dispatcher unions say.

27m ago

Hertz customer hit with $440 charge after AI inspection at Atlanta airport

Hertz's new AI vehicle inspection system charged a customer $440 for a scuff on a wheel. The cost included $250 for the repair, a $125 "processing fee" and a $65 "admin fee."

Shriners Children’s to open pediatric medical research institute on Atlanta’s Westside

The $153 million location at Georgia Tech’s Science Square on Atlanta’s Westside promises to create create 470 new jobs.

The Latest

Home Depot plans to buy all GMS shares through a cash tender offer. (Wilfredo Lee/AP 2021)

Credit: AP

Home Depot makes $5.5B acquisition to increase business with pro contractors

Atlanta’s TNT Sports will no longer produce NBA TV programming

New site being studied for restaurants next to Mercedes-Benz Stadium

Featured

The city of Brookhaven's mayor and City Council last week decided to remove the colored panes of glass from the dome of Brookhaven's new City Centre after residents objected to the brightness of the colors, seen here Friday, June 27, 2025. (Reed Williams/AJC)

Credit: Reed Williams/AJC

Brookhaven removes colored glass from City Centre dome after uproar

Some say the colors were too bright, the dome looked like ice cream with sprinkles and the hues distracted from the building’s muted design.

Confederate group sues to stop Stone Mountain’s ‘truth-telling’ exhibit

The Sons of Confederate Veterans allege the park’s changes to its Civil War history exhibits violate state law.

Georgia student going to court after being expelled for warning of threat

The middle school student was expelled after he sent messages to friends about a video he'd seen with someone threatening to shoot up area schools.