Yahoo CEO Admits Falsely Claiming Computer Science Degree. Does It Matter?
Yahoo hired ex-Paypal president Scott Thompson to save its sinking ship. Scott Thompson had earlier claimed that he has a degree in accounting and computer science. However, Yahoo's investor, Daniel Loeb found out that Thompson does not hold a degree in Computer Science as he claimed. He only holds a degree in accounting. Yahoo acknowledged it as 'inadvertent error' and further said that it does not alert that Mr. Thompson is not a qualified executive.
We don't know what's up at Yahoo and why did Mr. Thompson claim that he has the degree in CS. It could have been a mistake that someone else did. But the point here is; does it matter that the CEO to have a degree in engineering? If no, what parameters should be used to call a person 'qualified'?