Scott Thompson, Yahoo CEO, is to step down after accusations of fake computer science degree

Yahoo CEO Scott Thompson is to step down after accusations that a fake computer science degree was included on his CV, reports say.

According to the blog AllthingsD, Scott Thompson will quit his post in the wake of the controversy.

Scott Thompson is likely to be replaced by Yahoo’s global media head Ross Levinson.

The blog says Yahoo is also close to settling with activist shareholder Daniel Loeb, who discovered Scott Thompson’s mistake.

Yahoo CEO Scott Thompson is to step down after accusations that a fake computer science degree was included on his CV

AllthingsD, the Wall Street Journal’s technology blog, reported that Yahoo will say Scott Thompson is stepping down for personal reasons.

Yahoo has already acknowledged that its CEO, who took up his post in January, does not have a computer science degree.

Yahoo is also expected to appoint new directors and a new chairman in the wake of Scott Thompson’s resignation.

Just last month, the company, which is based in Sunnyvale, California, announced plans to make 2,000 employees redundant.

Scott Thompson was previously the president of online payments firm Paypal.

 

Nancy Clayson

Nancy is a young, full of life lady who joined the team shortly after the BelleNews site started to run. She is focused on bringing up to light all the latest news from the technology industry. In her opinion the hi-tech expresses the humanity intellectual level. Nancy is an active person; she enjoys sports and delights herself in doing gardening in her spare time, as well as reading, always searching for new topics for her articles.

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