Summary Box: Yahoo CEO faces possible firing

AP News
Posted: May 04, 2012 6:58 PM
Summary Box: Yahoo CEO faces possible firing

JOB IN JEOPARDY: Yahoo CEO Scott Thompson could be fired after just four months at the struggling Internet company because he allowed an inaccuracy about his college education to appear in his official bio, including a version filed with securities regulators.

THE TROUBLE: The distorted bio said Thompson held two degrees _ one in accounting and the other in computer science _ from Stonehill College. After being confronted by a major shareholder, Yahoo Inc. acknowledged Thompson never got the computer science degree.

THE FALLOUT: The shareholder who exposed the fabrication has demanded that Yahoo fire Thompson by noon ET Monday.