Yahoo: Special Committee to Investigate CEO Hiring Process
Yahoo has appointed three board members to a special committee that will investigate the hiring of CEO Scott Thompson in the wake of revelations that his resume's listing of computer science as a second undergraduate major was false, Yahoo said on Tuesday.
The panel, chaired by Alfred Amoroso, an independent director who joined the Yahoo board in February, will review Thompson's academic credentials and the circumstances around how they were disclosed and reviewed when he was hired as CEO, Yahoo said in a statement.
Patti Hart, the board member who spearheaded the hiring process, stepped down Tuesday, according to a report in All Things D. Yahoo didn't mention Hart in its statement and a spokesman didn't immediately reply to a request for comment.
Thompson's biography on the Yahoo website and in papers filed with the U.S. Securities and Exchange Commission, said that he had majored in accounting and computer science at Stonehill College. Thompson majored only in accounting, Yahoo has acknowledged.