Dailybhaskar.com | Last Modified - May 04, 2012, 03:48 PM IST
New Delhi: Struggling internet services provider Yahoo! has removed from its site details of Chief Executive Officer Scott Thompson's educational details after an ex-employee challenged the authenticity of the same.
The company's site, till Thursday, wrongly said Thomson held a bachelor's degree in accounting and computer science from Stonehill College.
Later, Yahoo! admitted Thompson had instead recieved a B.Sc degree in business administration with a major in accounting from Stonehill, a Catholic School near Boston.
The admission came after Daniel S Loeb, an ex-employee pointed out the discrepancy.
"If Mr. Thompson embellished his academic credentials we think that it 1) undermines his credibility as a technology expert and 2) reflects poorly on the character of the C.E.O. who has been tasked with leading Yahoo! at this critical juncture," Loeb claimed.
"Now more than ever Yahoo investors need a trustworthy C.E.O," he added.
In a statement, a Yahoo spokeswoman said that there was an "inadvertent error that stated Mr. Thompson also holds a degree in computer science," but that he did have a degree in accounting.
"This, in no way, alters that fact that Mr. Thompson is a highly qualified executive with a successful track record leading large consumer technology companies. Under Mr. Thompson's leadership, Yahoo! Is moving forward to grow the company and drive shareholder value," the company statement said.