Yahoo CEO to step down amid controversy: source

[Eugene]

Source: Reuters

Yahoo CEO to step down amid controversy: source

Sun May 13, 2012 2:46pm EDT

(Reuters) - Yahoo Inc (YHOO.O) Chief Executive Scott Thompson is stepping down after a controversy over a fake computer science college degree on his biography, a source familiar with the situation said on Sunday.

Thompson's interim replacement, effective immediately, will be Yahoo's global media head Ross Levinsohn.

Yahoo was not immediately available for comment

Yahoo has said that Thompson, the former president of eBay Inc (EBAY.O) division PayPal, did not have a computer science degree, despite what was stated in his official company biography and in regulatory filings with the U.S. Securities and Exchange Commission.

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Read more: http://www.reuters.com/article/2012/05/13/us-yahoo-thompson-idUSBRE84C0A120120513

[exboyfil]

1. Well he lasted longer than the coach at Notre Dame

coach O'Leary.

We had an excellent engineer hired for a full time position after several years of contract work. It turned out he was some credits shy of his degree. My company let him go immediately. The ironic (and challenging part) for me was I still had to use him for my work, but no one could see me doing it. A very strange situation. He is now back in the building on a contract basis.

[sofa king]

2. Is the CEO going to step down? Yahoo! Answers

Is the CEO of Yahoo going to step down?

i heard the ceo of yhaooo is going 2 quit coz it no good?

Best Answer - Chosen by ignorant children

Information is below:

www.google.com

[provis99]

3. and people at DU claim CEOs are thoroughly vetted.

what bullshit; they didn't even bother to find out if he lied on his job application.

[Zalatix]

4. Utterly effing ridiculous. Downright petty as heck. Stepping down over a resume gaffe? WTF...

A long time ago I patted myself on the back for taking a picture of a molehill, Photoshopping it on a Mac II LC, and mixing it in with other scenery to make it look like a Supervolcano.

Well played, whoever pulled this one off. You just turned a pebble of a scandal into a world(er, career)-killing planetoid!