Yahoo CEO Scott Thompson’s Credentials Issue Shows Tech Giant’s Leadership Is Lacking:
Yahoo’s board should take action.
Yahoo has come under fire after it was revealed today that it’s chief executive, Scott Thompson, doesn’t have a degree he claimed he achieved. Thompson claims to have a computer science degree but an activist shareholder at the financial firm Third Point challenged the education level of Yahoo’s top exec and today the company stated the allegations are correct. According to Yahoo, Scott Thompson’s “elevated” credentials were an inadvertent error and don’t impact is ability to be the tech giant’s CEO.
That’s incorrect. The inability for Thompson to have his resume right means he isn’t capable of easing disgruntled shareholder concerns which is indicative of the company’s poor results in the last few years. Activist investors won’t become passive after hearing the head of the company “fudged” his background which are contained in a recent filing with the Securities and Exchange Commission.
To make matters worse, the college Thompson attended Stonehill, didn’t even start graduating students with degrees in computer science until four years after Thompson graduated in 1983. This information is easy to find when conducting a query in any decent search engine. Yahoo is a search engine firm and the leader of the company isn’t a competent searcher regarding his own credentials which are easily available on -Google. It’s time for Yahoo’s board to take action.