Yahoo announced that its CEO, chairman and several board members have been replaced, ending the company's proxy fight with Third Point and the turmoil over its executive placement procedures. Ross Levinsohn (pictured) has now assumed the role of interim chief executive officer, replacing Scott Thompson, who Yahoo tersely stated "has left the company" without making reference to the scandal over his academic credentials. Yahoo further announced significant changes to the board of directors. Fred Amoroso has been named chairman, replacing Roy Bostock, who has "stepped down … to accelerate the leadership transition. Additionally, Yahoo has reached an agreement with Third Point that settles the proxy fight and gives three of the fund's nominees seats on the board. Levinsohn and Amoroso's appointments are effective immediately.