Feeds

Yahoo! investor! accuses! CEO! of! embellishing! resume!

Be careful to check your references

  • alert
  • submit to reddit

Internet Security Threat Report 2014

A major investor in troubled internet portal Yahoo! has accused the CEO Scott Thompson of padding his resume by falsely claiming a degree in computer science.

Daniel Loeb, of investment group Third Point, issued a public letter to Yahoo! calling foul on Thompson's claim to have a degree in accounting and computer science. Inquiries into his old alma mater have revealed that Thompson is an accountant, but his university didn’t begin offering a computer science degree until four years after he graduated.

Scott Thompson

Computer scientist, or just an accountant?

"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. Now more than ever Yahoo! investors need a trustworthy CEO," the letter reads.

Loeb has long been a vocal critic of Yahoo! management, and his organization owns around five per cent of the company's stock. In the past he's tried to get himself elected to the board, trashed co-founder Jerry Yang (as if more criticism were needed) and played a major role in getting rid of erstwhile CEO Carol Bartz, in a rather undignified manner.

"Scott Thompson received a bachelor of science degree in business administration with a major in accounting from Stonehill college," Yahoo! told El Reg in a statement. "There was an inadvertent error that stated Mr. Thompson also holds a degree in computer science. This in no way alters that fact that Mr. Thompson is a highly qualified executive with a successful track record leading large consumer technology companies." ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.