Yahoo has hired Ross Levinsohn, the former President of Fox Interactive Media, as EVP America’s Region, we’ve confirmed. AllThingsD first broke the news that he was close to taking the job.
Levinsohn will replace Hillary Schneider. Yahoo announced Schneider’s departure last month.
Levinsohn will take control of Yahoo’s Americas business, including content, advertising and partnerships. Some 2,000 employees will report into his organization.
This is also the first high profile executive hire at Yahoo since bringing in Chief Product Officer Blake Irving earlier this year.
Levinsohn is currently a partner at Fuse Capital, a venture firm with ties to Best Buy. Levinsohn’s former partner at Fuse Capital, Jonathan Miller, now runs News Corp.’s digital business, effectively the same position Levinsohn held.
While at Fox Interactive Media Levinsohn oversaw the $580 million acquisition of MySpace as well as the nearly $1 billion advertising deal with Google.
Many of his previous employees have gone on to do interesting things. Adam Bain is now President, Revenue at Twitter. And Heather Harde, our CEO, ran M&A for Levinsohn.
And for once, we have nothing negative to report about Yahoo.
You can watch an interview with Levinsohn by Sarah Lacy at TechCrunch50 last year here, and we’ve embedded it below.