website statistics

1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...

Yahoo’s CEO has been right in front of the guns of Yahoo’s activist investors ever since it was revealed that he had a resume that falsely claimed that he had a degree in computer science. The row dragged on for quite a few days with Thompson trying to offer explanation of the whole ‘mistake’ but his explanations couldn’t satiate many. So now, he has finally stepped down from his position.


Thompson’s resignation is finally official and Yahoo’s board of directors has chosen Fred Amoroso as the Chairman of the Board. At the same time, the interim CEO is Ross Levinsohn.

This comes as an expected update because the row over Thompson’s resume had turned into somewhat of a nuisance for Yahoo. And not only that, Thompson then tried to pin the mistake on the career placement company which vehemently denied the charge and presented proofs to that end.

Whereas Thompson did have a degree in accounting, his resume stated that he had a degree in both accounting and computer science. This was false and later, we were told that it was all a mistake. But that couldn’t satisfy Yahoo’s investors who went after Thompson and demanded his resignation.

According to the new chairman of board of directors, Fred Amoroso, “The Board is pleased to announce these changes and the settlement with Third Point, and is confident that they will serve the best interests of our shareholders and further accelerate the substantial advances the Company has made operationally and organizationally since last August. The Board believes in the strength of the Company’s business and assets, and in the opportunities before us, and I am honored to work closely with my fellow directors and Ross to continue to drive Yahoo! forward.”

Source: Yahoo

Courtesy: Mashabale

Buy Cheapest Related Product From Amazon.com


TikTok – Premium Customized Clock And Alarm App [Free]

Highest Resolution Single Image Of Earth Captured By Russian Satellite
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On May 14, 2012(4 years, 0 months ago.)

You May Also Like:

What Do You Think?

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

Even if your iPhone is locked, people can reply from the lock screen. Check out, how to turn off the quick reply message from locked screen.
Have you forgot Apple ID password or having trouble signing in? Check out this tutorial to reset the password.
Even if iPhone is muted, still Siri's voice is loudly chime. Now you can change the setting to silence Siri using your iPhone's mute switch.
Check out how to teach Siri about nicknames and relationships of the important people in your life in order to make your life easier.
Has your iPhone suddenly turned black & white? Check out this tutorial to know possible reasons & how to fix iPhone screen with few taps.
Check out this tutorial to download FREE movies and TV Shows streaming Showbox app and install it on your Android smartphone or tablet.
Parental Controls allows you to put restrictions on apps or content that can or can not be used by anyone else on your Apple iPhone or iPad.
If you want to print from iPhone without using any computer, check this out to connect and print wirelessly right from the Apple device.
Using Siri, anyone can bypass the Passcode even if iPhone or iPad is locked. Check out this to know how you can disable Siri on lock screen.
Floatify will let you quick reply to the messages or emails through notification bar using your Android Lollipop or Marshmallow.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook