Saturday, 5 May 2012

Hedge Fund Intensifies Attack on Yahoo Amid Storm Over Padded Résumés

Third Point has intensified its assault against Yahoo.
On Friday, the hedge fund, which is the middle of a contentious proxy battle with Yahoo, called for the dismissal of the technology company’s chief executive, Scott Thompson, after revealing that he had inaccurately stated his credentials.
Mr. Thompson had previously claimed to have earned degrees in both accounting and computer science from Stonehill College. After prodding by Third Point, Yahoo conceded that Mr. Thompson had only an accounting degree, calling it an “inadvertent error.”     Read More

No comments:

Post a Comment