Yahoo CEO, for now, Scott Thompson, earned a degree in accounting and computer science from Stonehill College in 1979. Slight problem; Stonehill College did not offer a degree in computer science until 1983. This guy was REALLY ahead of his time. A hedge fund owner wants him ousted, and the board slogs onward to investigate because as an anonymous company source put it, “Maintaining him as CEO of Yahoo at this time is more important than whether he had a computer science degree or not.” And an ethical wizard from an executive coaching firm offered this nugget, “It would be catastrophic to Yahoo if they pulled him out.”
Actually, Cato, it would be catastrophic if they leave him in his position. For the employees, there is the morale problem as well as the signals on ethics. If they would be fired for the same offense, Thompson needs to go. For the investors, well, there is already a proxy battle, and it looks like the outside forces, who are not happy with the $10 to $20 per share hover for four years after the decline of a Microsoft $33 offer, have won, and all over a misrepresented degree. Thompson has only one full quarter as CEO under his belt. The company needs credible leadership.
What the Barometer finds interesting is the thinking on the various news websites about “to terminate or not to terminate, that is the question.” Herewith, more from the minds of our fellow Catos:
Degrees are irrelevant in IT.
Computer IT degrees are way over-rated. Whether the Yahoo CEO has a copmuter IT degree or not really doesn’t matter one whit, only that he lied about it.
So what, he lied. No different than[sic] our president, on multiple occasions, almost daily. He runs a successful company. So what?
I wouldn’t worry about it Scott. Computer Science graduates are all text book [sic] bureaucracy and no common sense.
If this were me, I would be fired. He should be too. When an employee fills out a job application, right before they it it says, “I promise all above is true and understand I can be fired if not.” Very basic . . . he is replaceable and he should be.
Maybe his actual work record is worth more than a paper qualification?
University degree. Not worth the paper they are written on.
If a doctor lies about getting a medical degree (or a lawyer a law degree) and are caught they get fired and sanctioned. This guy lies about a computer science degree and it’s OK because look at the good he’s done?!? Are y’all MAD?!?! No good ever comes out of deceit.
And the Barometer’s favorite because of all the evident effort that went into the post (this would be someone you would want a’gin ya because having them ‘fer ya might not help:
Hii proffessional accomplishment ( which isquite a bit) made him a CEO of yahoo notwirhstanding the absence hi degree in Computer science. Compuer is a tough world of competition, anf he made it !!! That’s that what matters.
You can read more at: http://www.dailymail.co.uk/news/article-2139249/Yahoo-CEO-Scott-Thompson-DOESNT-degree-science.html#ixzz1uCeDUWXt.