Resume Scandal Sinks Yahoo CEO

Resume Scandal Sinks Yahoo CEO Play

May 14 (Bloomberg) -- Yahoo! Inc. said Chief Executive Officer Scott Thompson stepped down after failing to correct errors in his credentials and the company revamped its board, handing a victory to activist investor Daniel Loeb, who pushed for the overhaul and said the Web portal is mismanaged. Bloomberg's Jon Erlichman reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

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