The chief executive of search giant Yahoo!, Scott Thompson, has left the company following revelations over incorrect claims in his online biography and resultant investor protests.
reported last week, Thompson apologised to Yahoo! employees
after incorrectly claiming to have held a bachelor’s degree in computer science.
However, as he more recently claimed, these claims did not originate from him but, according to an article on website WebProNews
, were made by an executive search firm he worked with before getting the Yahoo! job in 2005. The story says that Thompson admits he “neglectfully failed to review” the documents the agency, which has not been named, put together for him.
The revelations came about in a letter from Daniel Loeb, CEO of hedge fund and Yahoo shareholder Third Point. The letter also demanded his resignation.
Thompson stepped down immediately as announced in a Yahoo! statement yesterday (13 May), with Ross Levinsohn being promoted to interim chief executive.