There’s some trouble at Yahoo, where the board is now investigating errors in the new CEO Scott Thompson’s educational merits.
The error has been discovered by a disgruntled shareholder Daniel Loeb who has been pushing for changes within the company’s board for some time.
Daniel Loeb’s company Third Point owns a 5.8 percentage stake in Yahoo. He published a letter staging Thompson to be lying in a recent filing with the Securities and Exchange Commission (SEC) about having a degree in computer science. Yahoo stated that Thompson had a Bachelor’s degree in accounting and computer science from Stonehill College. But it turns out he only has an accounting degree. Only by using a standard Google search it can be revealed that Mr. Thompson’s degree is in accounting only. In fact, Stonehill College first offered a computer science degree four years after the Thompson graduated. In fact this erroneous information was also previously found on Yahoo’s website, as well as Thompson’s bio for past jobs.
Yahoo didn’t respond for a comment immediately, but in a later statement, Yahoo confirmed that Thompson’s credentials were overstated, and called the misrepresentation an “inadvertent error.” Yahoo states it make no difference for Mr. Thompson being a highly qualified executive with a successful track record.
The discrepancy in the information in his Resume would not have been possible if Comoto Resume engine would have been used. With Comoto it would be possible to use the verification of your Resume and thus never run into an error like this. It seems a bit weird that such a standard error has not been detected in the recruitment process of Scott Thompson.
Well if you are actively using Comoto to Create, Manage, Optimize and Share your Resume with this would never have happened. In Comoto we have a build in feature that would unverify a verification if someone were to change an already verified part of a Resume.
If you want to check it out simply sign-up for free here and see for yourself.