Yahoo!'s (YHOO) CEO Scott Thompson Set to Step Down
Tweet
Share
E-mail
Get Alerts YHOO Hot Sheet
Join SI Premium – FREE
Yahoo!'s (Nasdaq: YHOO) embattled CEO Scott Thompson will step down following the controversy surrounding him after it was discovered that he fabricated having a computer science degree, AllThingsD reported.
In addition to Thompson stepping down, the company is close to a settlement with activist investor Dan Loeb of Third Point Capital. Loeb discovered and made public Thompson's inaccurate eduction credentials.
In addition to Thompson stepping down, the company is close to a settlement with activist investor Dan Loeb of Third Point Capital. Loeb discovered and made public Thompson's inaccurate eduction credentials.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AstraZeneca (AZN) Q2 earnings preview
- Mobileye founder Shashua to step down as CEO after 27 years
- Jackson Financial CEO to retire; CFO named as successor
Create E-mail Alert Related Categories
Hot List, Hot Mgmt Changes, Management ChangesRelated Entities
Daniel Loeb, Third Point LLCSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
