Scott Thompson's reign as CEO of Yahoo is in danger, after only four months in office, because he allowed an inaccuracy about hisacademic credentials will be repeated for years.
A large Yahoo shareholders, which exposes the production is leading the charge on Thompson to push for unethical behavior. In a letter sent Friday demanded activist hedge fund manager DanielLoeb, the board of the Internet company to Thompson at noon EDTon Monday laid off or you need to take legal action.
"CEOs have done less than other companies," said Loeb, who controls a 5.8 percent stake in Yahoo by their hedge fund Third Point LLC.
Yahoo confirmed on Friday that "the Board shall review the matterand, after review will make appropriate disclosure to shareholders."
A large Yahoo shareholders, which exposes the production is leading the charge on Thompson to push for unethical behavior. In a letter sent Friday demanded activist hedge fund manager DanielLoeb, the board of the Internet company to Thompson at noon EDTon Monday laid off or you need to take legal action.
"CEOs have done less than other companies," said Loeb, who controls a 5.8 percent stake in Yahoo by their hedge fund Third Point LLC.
Yahoo confirmed on Friday that "the Board shall review the matterand, after review will make appropriate disclosure to shareholders."
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