Scott Thompson, Yahoo!
Just to be clear, Scott Thompson no longer is the CEO of Yahoo! (NASDAQ:YHOO). His four-month stint is one of the shortest CEO careers on record. As a former CEO, though, he still should consider saying sorry, given the embarrassing (and nearly needless) reason for his resignation.
The gaffe was a resume scandal, which turned out to be more than a typo or misunderstanding. Thompson knowingly and willingly stated he had earned a bachelor’s degree in computer science from Stonehill College. But he didn’t. His degree is in accounting and business administration.
The irony? It probably wouldn’t have mattered whether he had a computer science degree or not. Most investors probably don’t expect a company’s CEO to actually do any computer programming. It’s the principle of the matter — to everyone except Thompson.
Comments are currently unavailable. Please check back soon.