Yahoo CEO Fired For Lying On Resume

Just weeks after discovering its new CEO Scott Thompson falsely claimed a computer science degree on his resume, the Internet giant’s board of directors has decided to fire its headman and even oust some of its own. The decision, while not altogether a shock, has sent ripples through Wall Street as investors wonder how the shakeup might affect future earnings.

Thompson was hired earlier this year to great optimism, but layoffs and a focus on commerce rather than ads reportedly caused some dissension among top-level executives. When the resume flap was discovered, many thought Thompson could talk his way out of it. Unfortunately, he blamed the mix-up on Heidrick and Struggles, a headhunting firm who helped him land a previous job, and according to All Things D, they in turn produced the resume he submitted to them which included the lie. After that, there was almost nothing Thompson could do to keep his job.

Rumor has it he’ll claim a medical illness has forced him to resign from the company, but even if he has a documented disease, there’s no way most won’t trace the timing of his exodus back to his resume mishap.

In addition to Thompson, five seats on the board of directors will also reportedly change with Daniel Loeb, the Third Point CEO who discovered the clerical error, getting to choose three of the replacements. Until a permanent replacement for Thompson can be found, Ross Levinsohn, an executive vice president for Yahoo, will steer the ship.

Lying on a resume is a terrible idea. It’s too bad Thompson had to be fired to learn that lesson.

Mack Rawden
Editor In Chief

Mack Rawden is the Editor-In-Chief of CinemaBlend. He first started working at the publication as a writer back in 2007 and has held various jobs at the site in the time since including Managing Editor, Pop Culture Editor and Staff Writer. He now splits his time between working on CinemaBlend’s user experience, helping to plan the site’s editorial direction and writing passionate articles about niche entertainment topics he’s into. He graduated from Indiana University with a degree in English (go Hoosiers!) and has been interviewed and quoted in a variety of publications including Digiday. Enthusiastic about Clue, case-of-the-week mysteries, a great wrestling promo and cookies at Disney World. Less enthusiastic about the pricing structure of cable, loud noises and Tuesdays.