Yahoo chief executive Scott Thompson quits

Source: The Guardian

Yahoo's chief executive Scott Thompson quit on Sunday as the struggling web giant sought to defuse a row over an allegedly fake computer science degree on his CV.

After a board meeting on Sunday morning the company announced that Thompson, who has led the internet services firm for less than six months, would be replaced by Ross Levinsohn with immediate effect. Levinsohn is a former News Corp executive who presided over the Murdoch-controlled media firm's ultimately disastrous purchase of MySpace in 2005.

Yahoo said Roy Bostock, the Yahoo chairman, would also leave and be replaced by Fred Amoroso, a veteran technology executive.

Thompson has been under pressure since activist shareholder Daniel Loeb of the hedge fund Third Point claimed that Thompson had misrepresented his degree.

Read more: http://www.guardian.co.uk/technology/2012/may/13/yahoo-chief-scott-thompson-quits

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5 replies	Author	Time	Post
Yahoo chief executive Scott Thompson quits (Original post)	alp227	May 2012	OP
Steve Jobs, Bill Gates, many other tech titans never had a degree	tinrobot	May 2012	#1
He had a degree, but in accounting	muriel_volestrangler	May 2012	#3
Maybe he can get back with Kids in the Hall now	Adenoid_Hynkel	May 2012	#2
Ack! Sorry!	Amster Dan	May 2012	#5
Aww, that's too bad	Amster Dan	May 2012	#4

Response to alp227 (Original post)

Sun May 13, 2012, 06:05 PM

tinrobot (5,609 posts)

1. Steve Jobs, Bill Gates, many other tech titans never had a degree

Why this guy had to lie about it is beyond me.

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Response to tinrobot (Reply #1)

Sun May 13, 2012, 06:30 PM

muriel_volestrangler (65,345 posts)

3. He had a degree, but in accounting

Maybe he thought he'd be accepted better at technology companies if it looked as if he'd been interested in computing right from his teens

(which, of course, Jobs and Gates clearly were - too interested in new developments to spend time in traditional universities).

Replacing him with the man who purchased MySpace doesn't look like a world-beating move, I have to say.

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Response to alp227 (Original post)

Sun May 13, 2012, 06:11 PM

Adenoid_Hynkel (11,608 posts)