Yahoo's CEO out, but angst remains behind

Yahoo's Scott Thompson, who was pressured to give up his CEO post because his official biography included a college degree he never received, reportedly has thyroid cancer.

by Dan Loeb:Third Point LLC, owners of 5.8% of Yahoo! (YHOO) shares, sent the following letter today to the Yahoo! Board of Directors:May 3, 2012Board of Directors Yahoo! Inc. 701 First Avenue Sunnyvale, CA 94089Dear Board of Directors:

(Reuters) - Data analytics software maker Splunk Inc said former Yahoo Inc CEO Scott Thompson has resigned from its board of directors, effective May 18. "In regard to recent health issues, we wish Scott all the best for a fast and full recovery," Splunk Chief Executive Godfrey Sullivan said in a statement. Thompson, who had joined Splunk's board in October, was reported to have been diagnosed with thyroid cancer. Thompson stepped down as Yahoo chief last week, 10 days after activist investor Daniel Loeb accused him of padding his biography by faking a computer science degree. ...

(Reuters) - Yahoo Inc Chief Executive Scott Thompson is stepping down after a controversy over a fake computer science college degree on his biography, a source familiar with the situation said on Sunday. Thompson's interim replacement, effective immediately, will be Yahoo's global media head Ross Levinson. Yahoo was not immediately available for comment Yahoo has said that Thompson, the former president of eBay Inc division PayPal, did not have a computer science degree, despite what was stated in his official company biography and in regulatory filings with the U.S. ...

When we sat down recently with Intuit CEO Brad Smith at the financial-software company's Mountain View headquarters, we had one burning question.