Thompson apologizes for resume inaccuracies

Yahoo CEO Scott Thompson apologized to employees on Monday for allowing inaccuracies about his education to appear on his resume.

Yahoo CEO Scott Thompson apologized to employees on Monday for allowing inaccuracies about his education to appear on his resume. Much of his mea culpa has focused on the impact the resume padding has had on the company.

"I want you to know how deeply I regret how this issue has affected the company and all of you," Thompson said in a memo. "We have all been working very hard to move the company forward, and this has had the opposite effect. For that, I take full responsibility, and I want to apologize to you."

Still, Thompson has not responded to those calling for his resignation, and also has not provided details on how the resume and bio errors listing a degree in computer science occurred.

Meanwhile, The New York Times has reported that Yahoo director Patti Hart, who led the search committee that chose Thompson, has said she will not stand for re-election. The company is also expected to announce a three-member committee that will investigate Thompson's hiring this afternoon.

Some argue that Thompson's resume padding shouldn't cost him his job, and keeping him around could create stability at Yahoo.

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