You will be redirected back to your article in seconds

Yahoo: Resume error was ‘inadvertent’

Investor call for netco chief to resign today

A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job.

Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off about 2,000 employees and refocus on core businesses.

But late last week, activist investor Daniel Loeb of hedge fund Third Point accused Thompson of padding his resume by claiming a degree in computer science. His degree from Stonehill College outside Boston is in accounting. Loeb demanded Thompson’s resignation by today at noon.

Yahoo on Friday called the degree description an “inadvertent error” and said it was examining the situation.

More Digital

  • Snapchat logos

    Snap Lays Off Recruiters as It Prepares for Slower Hiring (Report)

    A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job. Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off […]

  • Lockhart_Steele

    Vox Media Editorial Director Lockhart Steele Fired for Sexual Harassment

    A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job. Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off […]

  • Chelsea Handler Netflix trailer

    'Chelsea' Proves Netflix Can't Always Beat TV at Its Own Game (Opinion)

    A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job. Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off […]

  • Twitter outage

    Twitter to Ban Groups Promoting Violence, Hate Symbols

    A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job. Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off […]

  • Echo Fox - Yankees - esports

    New York Yankees Invest in eSports Holding Firm Backed by Ex-NBA Star Rick Fox

    A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job. Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off […]

  • Thomas and Friends- Big World! Big

    International Newswire: Mipcom Sees First Signs of Peak TV Animation

    A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job. Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off […]

  • The Walking Dead 360 Experience: Negan

    'Walking Dead' Claws Deeper Into VR in AMC's New Virtual-Reality App

    A major Yahoo investor is calling for CEO Scott Thompson to step down due to a misstatement on his resume about his college degree, only a short time after he took the top job. Thompson, who ran e-commerce group Paypal, moved to Yahoo in January. Several weeks ago, the company announced plans to lay off […]

More From Our Brands

Access exclusive content