Yahoo’s most recent CEO, Scott Thompson, was fired after it was discovered that he lied on his resume about his education. Thompson claimed that he had degrees in accounting and computer science from Stonehill College, but he only received a bachelor’s degree in accounting.
What’s worse is that Thompson’s educational background appears in Yahoo’s annual report, which was filed with the SEC. As CEO, he must legally confirm that everything in the document is truthful.
Thompson’s resume fraud is only the latest example in a growing trend that underlines the need for businesses of all sizes to certify that new hires are being truthful on their resumes. [Read more…]