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, 4 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

There is a high-risk XSS Vulnerability in W3 Total Cache, and we have got the guide to the fix for you.
Check out this tutorial to know how to install Apple watchOS 3 beta certificate on your Apple Watch and start enjoying the new version.
If you are trying to jailbreak iPhone, iPad or iPod on iOS 9.2 - 9.3.3 without using a computer or Apple ID, then check this video tutorial.
Pokemon Go users are complaining about the crashing and server issues. Check out the tutorial to solve error problems and thanks us later.
Turning off Wi-Fi Assist is a great way to save mobile data since it automatically starts using cellular data when Wi-Fi signal is poor .
If you want to secure your SIM card from others using it, then check out this tutorial to know how to set up the SIM Pin code on your iPhone.
CiderTV is a great alternative to control Apple TV from the Notification Center. Check out this tutorial to set up CiderTV on your iPhone.
Are you annoyed by the split screen mode on the iPhone 6 Plus or 6s Plus? Check out this quick tutorial to turn off split screen feature.
If you could not wait to installed the iOS 10 beta version on you iPhone and now struggling for the errors, then this tutorial is for you.
Siri might not understand the question you asked. But you can use Siri by editing the text that you asked & it will give an updated answer.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook