Scott Thompson, CEO of Yahoo Inc was in the news headlines as he has misguided Yahoo Board and its investors and became a CEO. Now, he is quitting his post after a lot of criticism. He was convicted as not having cited qualification as per his resume. Now he has announced that he has been diagnosed with a Thyroid cancer. After such blunder, is anyone there to believe him that he diagnosed cancer the day before he is going to quit yahoo? After a breach of trust, probably nobody in corporate will believe him, before verifying it like his resume.
| Scott Thompson Yahoo CEO |
The outgoing chief executive of Yahoo told the board of directors and colleagues that he had been diagnosed with thyroid cancer days before quitting the post, according to a report in the Wall Street Journal on Monday.
Scott Thompson disclosed his illness late last week before handing in his resignation as evidence appeared to emerge that contradicted his claim that he wasn’t responsible for an error in his resume regarding his academic record, sources told the newspaper.
It reported Thompson’s decision to step down as CEO at Yahoo was in part influenced by the diagnosis which occurred in recent days while the board was still investigating why his resume included a computer science degree which he had never attained.
The error in Thompson's resume appeared in a Yahoo regulatory filing and on Yahoo's and other corporate websites.
The struggling internet firm said on Sunday that Thompson, its third CEO in three years, would be leaving immediately and would be succeeded by Ross Levinsohn, a senior Yahoo executive who becomes interim CEO.
The firm has also brought an end to a proxy fight with hedge fund Third Point – it’s largest shareholder—by giving it three more seats on the board.
The Wall Street Journal reported that Thompson told one colleague that he didn't want to publicly discuss the cancer diagnosis because he wanted to keep personal details private.
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