Yahoo CEO Quitting: Report

Scott Thompson is out over faked resume: AllThingsD
By Polly Davis Doig,  Newser Staff
Posted May 13, 2012 11:59 AM CDT
In this Nov. 15, 2010 photo, Scott Thompson, who is in some hot water over a computer science degree he doesn't have.   (AP Photo/Paul Sakuma)
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(Newser) – Creative resume writing is not paying off for embattled Yahoo CEO Scott Thompson, who is about to step down from the tech giant's helm, reports Kara Swisher in an exclusive for AllThingsD. He'll likely be replaced by Yahoo's global media chief, Ross Levinsohn, who presumably has a squeaky-clean CV. Yahoo's board, meanwhile, is nearing a settlement with shareholder Daniel Loeb, who discovered Thompson's claim to a computer science degree was bogus. Loeb will get three of four board seat selections he proposed. The board is meeting today.

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