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Management in the News In January of 2012, Yahoo! hired Scott Thompson, the former President of PayPal, as CEO. Just a few months later, Thompson stepped down amid allegations that he falsified his education on his resume and bio. Thompson graduated from Stonehill College in Massachusetts with a degree in accounting, but he also claimed he had a degree in computer science. How did Thompson get away with it? Melinda Blackman, a professor of psychology at California State University in Fullerton, said "since he was a well-known and successful executive, a background check was probably put on the back burner." Yahoo! shareholder, Daniel S. Loeb, exposed Thompson's misrepresentation. (Source: Stewart, J. In the Undoing of a CEO, A Puzzle. (2012, May 18). New York Times. Retrieved from http://www.nytimes.com/2012/05/19/business/the-undoing-of-scott-thompson-at-yahoo-common-sense.html) Scott Thompson stepped down from his role as CEO. Had he not resigned, the board of directors would have faced an ethical issue in information technology leadership News social responsibility nced to 30 months in prison and ordered to pay $180,000 in restitution to AOL after he found a way to spam 1.2