Dan Loeb Sends A Letter Again To Have Scott Thompson CEO Fired

Third Point founder and Yahoo! activist shareholder Daniel Loeb has released a new letter about the resume controversy surrounding Scott Thompson. In the letter, he requested the firing of Scott Thompson. “It seems farcical to us that the Board will most likely spend more time deliberating over whether Mr. Thompson should be fired than it did properly vetting whether he should have been hired,” states the letter. “The necessary investigation into whether certain senior executives and Board Members knew of Mr. Thompson’s deceptions before hiring him should not delay decisive action over his ethical breaches.”
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