Scott Thompson apologizes; director in charge of vetting to step down
(NEWSER) - Yahoo’s board is investigating the mess surrounding CEO Scott Thompson’s inflated résumé , and is hiring a law firm to oversee the matter, the Wall Street Journal reports. After shareholder Third Point LLC discovered Thompson has only an accounting degree, rather than a degree in computer science and accounting as his bio stated, the investor set yesterday as the deadline for Thompson’s ouster. When that deadline passed with Thompson's head still intact, Third Point demanded Yahoo allow it access to documents related to Thompson’s recruitment and vetting, the BBC reports. More»
