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    A Faked Resume at Yahoo

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    Alekhya
    Scott Thompson, the CEO of Yahoo, resigned after activist investor Daniel Loeb discovered that Thompson had falsified his resume by claiming a computer science degree that his college did not offer. When confronted, Thompson lashed out at Loeb instead of taking responsibility. Thompson had also lied previously about his educational background and hid from the board that he had cancer surgery. Yahoo has struggled with inconsistent leadership, appointing multiple CEOs who were either fired or resigned, contributing to the company's decline. Honesty, integrity, and owning up to mistakes are important lessons from this case.

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    A Faked Resume at Yahoo

    Uploaded by

    Alekhya
    238 views1 page
    Scott Thompson, the CEO of Yahoo, resigned after activist investor Daniel Loeb discovered that Thompson had falsified his resume by claiming a computer science degree that his college did not offer. When confronted, Thompson lashed out at Loeb instead of taking responsibility. Thompson had also lied previously about his educational background and hid from the board that he had cancer surgery. Yahoo has struggled with inconsistent leadership, appointing multiple CEOs who were either fired or resigned, contributing to the company's decline. Honesty, integrity, and owning up to mistakes are important lessons from this case.

    Original Description:

    A faked resume ethics

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    Scott Thompson, the CEO of Yahoo, resigned after activist investor Daniel Loeb discovered that Thompson had falsified his resume by claiming a computer science degree that his college did not offer. When confronted, Thompson lashed out at Loeb instead of taking responsibility. Thompson had also lied previously about his educational background and hid from the board that he had cancer surgery. Yahoo has struggled with inconsistent leadership, appointing multiple CEOs who were either fired or resigned, contributing to the company's decline. Honesty, integrity, and owning up to mistakes are important lessons from this case.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    238 views1 page

    A Faked Resume at Yahoo

    Uploaded by

    Alekhya
    Scott Thompson, the CEO of Yahoo, resigned after activist investor Daniel Loeb discovered that Thompson had falsified his resume by claiming a computer science degree that his college did not offer. When confronted, Thompson lashed out at Loeb instead of taking responsibility. Thompson had also lied previously about his educational background and hid from the board that he had cancer surgery. Yahoo has struggled with inconsistent leadership, appointing multiple CEOs who were either fired or resigned, contributing to the company's decline. Honesty, integrity, and owning up to mistakes are important lessons from this case.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 1

    Narrate the case

    2012- Scott Thompson


    Daniel Loeb, out of spite discovered a falsified resume
    Stonehill college doesn’t have a computer science course
    Thompson lashed out at Loeb when confronted saying he’s using this info to get into the
    board
    Thompson had lied about the degree before at a radio interview
    Yahoo’s previous CEO was also fired clumsily over the phone
    False claim angered Silicon Valley as the top job required technical experience
    Past instances of falsifying- Radioshack CEO was fired; Bausch & Lomb CEO’s bonus was cut
    Thompson had hidden from the board that he had undergone surgery for thyroid cancer
    May 13th, Thompson resigned; Loeb got 3 seats at the board

    3 questions:

    Alternatives to expulsion for Yahoo like Bausch & lomb


    Is the reason for Yahoo’s demise the inconsistent CEO position?
    Performance or value of the company itself to be questioned?
    Need for a fake resume?

    Key leanings:

    Honesty
    Integrity
    Humility (didn't own up to his mistake, blasted out)
    Habitual Liar- degree, cancer (knowledge of material information to the company) etc

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