Yahoo to Investigate CEO’s Credentials

May 4, 2012  •  Post A Comment

Yahoo said it will review the credentials of Chief Executive Officer Scott Thompson after an investor said it found an alleged inaccuracy in his resume, reports Bloomberg.

The investor, Third Point LLC, is fighting for representation on the company’s board, the story notes.

Thompson lists a bachelor’s degree in computer science from Stonehill College, although the institution didn’t offer the degree until four years after he graduated, according to a letter from Third Point CEO Daniel Loeb.

Yahoo said it will review the issue and will "make an appropriate disclosure to shareholders," according to the story. The company had earlier said the discrepancy was an "inadvertent error."

A spokesman for the college said Thompson received a bachelor of science in business administration, with a major in accounting, in 1979. He declined further comment.

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