New Yahoo! CEO Scott Thompson has been called out for faking
his college credentials.
Activist investor Dan Loeb ramped up his battle for Yahoo!
board seats yesterday by insinuating Thompson lied about having a computer
science degree and questioning whether he was fit to lead the struggling
Internet company according to a NY Post account
“If Mr. Thompson embellished his academic credentials, we
think that it 1) undermines his credibility as a technology expert and 2)
reflects poorly on the character of the CEO who has been tasked with leading
Yahoo! at this critical juncture,” Loeb’s hedge fund Third Point said in a
statement. “Now more than ever, Yahoo! investors need a trustworthy CEO.”
In company filings and on websites, Thompson’s educational
background refers numerous times to a computer science degree from Stonehill
College, when the sheepskin was for accounting.
Third Point discovered the discrepancy while reviewing
Thompson’s work history at other Web companies like eBay and PayPal…..
Read more:
http://www.nypost.com/p/news/business/hedgie_cries_bs_over_yahoo_ceo_degree_9QyWWYLrci5nO2YM4hCaGK#ixzz1tsq33J7E
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