By now, the news regarding Yahoo (YHOO, Fortune 500) CEO’s, Scott Thompson, “resume malfunction” is old news, but the lesson is omnipresent. Padding a resume is wrong and it is just not worth it. . . ever.
What struck me the most about Thompson’s response in this CNNMoney’s article was that he was sorry for the effects of his lie, but not the lie itself. Everyone involved will take a hit here including Thompson, Yahoo employees and it shareholders and the Board of Directors. What will be the long-term leadership implications for Yahoo? Only time will tell.
Read Kara Swisher’s All Things D post about Patti Hart, the Yahoo director in charge of the search that resulted in the hiring of Scott Thompson as its CEO.