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  • May 4, 2012 9:03 am

    Yahoo's board continues making excellent decisions

    Nicholas Carlson, Business Insider:

    Yahoo’s new CEO, Scott Thompson, is under fire for telling the SEC and Yahoo’s board that he had a computer science degree from Stonehill College when does not have one. Yahoo’s response was that Thompson’s misleading bio was “an inadvertent mistake.” That is an outrageous and insufficient response. Before he was Yahoo CEO, Thompson was CTO of PayPal. During that time, Thompson used the same bio Yahoo used for him with the SEC.

    Who among us hasn’t inadvertently claimed a degree in something they didn’t have? C’mon, it’s a common mistake, right? Right?

    Yahoo’s board released a statement saying they’ll make “appropriate disclosure” about this after review. Next week, expect Thompson to be let go and Yahoo’s board to conduct a frenzied, intensive search for a replacement, at the conclusion of which they will hire co-CEOs Jim Balsillie and Mike Lazaridis.

    1. chipotle posted this