5 More CEOs Who Should Apologize

Dimon and Akerson owned up to some extent. Who should be next?

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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.

Article printed from InvestorPlace Media, http://investorplace.com/2012/06/5-more-ceos-who-should-apologize-chk-ekdkq-yhoo-msft-mck/.

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