YAHOO REACTION PAPER Reaction Paper – Yahoo! C.E.O. Resigns Over Padded Resume On the 13th of May, 2019, the Yahoo! C.E.O, Scott Thompson decided to part ways with the company. His reason for resignat
YAHOO REACTION PAPER Reaction Paper – Yahoo! C.E.O. Resigns Over Padded Resume On the 13th of May, 2019, the Yahoo! C.E.O, Scott Thompson decided to part ways with the company. His reason for resignat
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YAHOO REACTION PAPER
Reaction Paper – Yahoo! C.E.O. Resigns Over Padded Resume On the 13th of May, 2019, the Yahoo! C.E.O, Scott Thompson decided to part ways with the company. His reason for resignation: he had had surgery for thyroid cancer several weeks earlier and was on medication which in turn could affect his performance as C.E.O. However, this event was the culmination of a tumultuous period at Yahoo! And if I were a decision maker in this case, aware of the recently opened can of worms, I would have definitely asked Thompson to resign.
On the 3rd of May, 2019, Daniel Loeb, Yahoo’s largest external shareholder, who then controlled 5.8% of the company through his hedge fund – Third Point, launched an attack on Yahoo! and its new C.E.O., alleging that Scott Thompson had lied on his resume about his academic qualifications.