Scott Thompson (businessman)
| Scott Thompson | |
|---|---|
Scott Thompson greets Yahoos at Sunnyvale HQ, in January 2012.
|
|
| Born |
Scott Thompson 13 November 1957 Taunton, Massachusetts |
| Nationality | United States |
| Alma mater | Stonehill College (degree in Accounting) |
| Occupation | Business executive |
| Board member of | Kabbage Inc,Vertica Systems Inc, Zuora Inc. |
Scott Thompson (born November 13, 1957) is an American businessman, and currently CEO of ShopRunner. Previously, he was Chief Executive Officer of Yahoo!.
Thompson was born November 13, 1957, in Taunton, Massachusetts, and grew up in nearby Raynham. He was an accounting major from Stonehill College, a private Catholic school in Easton, Massachusetts.
Thompson joined the online-shopping service ShopRunner as CEO in July 2012.
In early April 2012, Thompson announced and executed a plan to reduce Yahoo!'s 14,000 employees by 2,000, or 14% of the workforce Several executives left Yahoo! just before the layoffs began.
On March 14, 2012, Yahoo! filed a patent lawsuit against Facebook over ten patents. Facebook responded with a countersuit.
Yahoo! hired Thompson as CEO in January 2012. On May 3, 2012, activist investor Dan Loeb, CEO of Third Point LLC, sent a letter to Yahoo’s Board of Directors and made the contents of the letter public in a press release. The letter cites a Yahoo! SEC filing stating that Thompson "holds a Bachelor's degree in accounting and computer science" from Stonehill College and that Loeb had reason to believe that the degree was "in accounting only". Loeb questioned if Thompson had "embellished his academic credentials" and questioned if the Board had "failed to exercise appropriate diligence and oversight in one of its most fundamental tasks – identifying and hiring the Chief Executive Officer."
Yahoo!'s filings with the SEC stated that Thompson "holds a Bachelor’s degree in accounting and computer science from Stonehill College". However, the 2008–10 proxy statements of eBay, Thompson's former employer, only noted an accounting degree.Yahoo! initially acknowledged the misstatement as "an inadvertent error", then subsequently began an investigation. Stonehill College responded to press inquiries by stating that Thompson was granted a B.S.B.A. degree in Accounting.
...
Wikipedia