Patti Hart Posts

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

Scott Thompson
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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Dan Loeb Confirms Yahoo! CEO Scott Thompson Did Not Have A Computer Science Degree

Scott Thompson
Dan Loeb of Third Point is known for his proxy battle against Yahoo!’s board of directors. Recently in a letter to Yahoo!’s board of directors, Loeb wrote that Yahoo! CEO Scott Thompson has inaccurately added a computer science degree to his resume. Yahoo! confirmed that Loeb is right and they called it an “inadvertent error” according to AllThingsD.
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