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“Of his first big moves is yahoo. Ceo scott thompson eliminated 2000. Jobs part of of an effort to fix the ailing company now his own job appears to be risk just four months after replacing its previously embattled ceo. Carol bartz.
It all began with this a reference to a college degree in accounting and computer science on his official bio. The problem is thompson. Only or the degree in accounting. Yahoo called it in inadvertent error.
But wasn t thompson s previous online biography. When he was president of paypal..
The ebay subsidiary also listed the same false degree and then there was an interview thompson gay back in two thousand nine. When he was asked by the host of a technology podcast about his background your bachelor s degree is in accounting and computer science now from both of those mean that pretty obvious. That s paypal. One of the most important things you learned yeah you know i think and i and i mention this to young kids.
When i m on campus and my son who i was just talking about it santa clara. What i m happiest about in my background is if you work in technology. You re trained to solve problems. What s noteworthy thompson never corrected the host all of this probably would not have come to light.
If it hadn t been for this man. Daniel loeb..
The ceo of the new york hedge fund third point. Which has a large stake in yahoo. Loeb has a history of launching proxy fights with companies. And yahoo appears to be the latest in his crosshairs.
The ironic thing is that nobody in silicon valley. Cares about your resume you know a lot of the guys here a lot of the founders here at college dropouts. So no one really cares about your resume. Unless you fabricate.
It david sacks. Is an experienced silicon valley..
Executive currently the ceo of the business social network. Yammer. He says. Yahoo faces a more difficult long term problem.
An identity crisis that would be hard for any ceo to address the full mental problem with yahoo is that nobody knows what it is anymore and so they miss search. They miss social. What is it that holds that property together is it simply browsing that s exactly why investors like loeb seemingly have no tolerance for more missteps on mud day thompson sent out a letter to employees saying in part. I want you to know how deeply i regret how this issue has affected the company and all of you we have all been working.
Very hard to move the company forward that this has had the opposite effect for that i take full responsibility and want to apologize to you. But absent was any direct reference to the false biography..
Not surprisingly the resume scandal has quickly become the dominant story in silicon valley. One senior yahoo executive who didn t want to be identified. Said thompson has lost the confidence of many of his employees and unless he fixes his credibility fast. There s no way he can remain the ceo dan.
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“Scott Thompson has come under fire for an error on his resume listing a computer science degree the Yahoo CEO never received.”,
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