CEO news stories on Newser

Yahoo Ex-CEO: I Have Cancer

Mary Papenfuss — Mon, 14 May 2012 07:20:00 CDT

In a surprise revelation, former Yahoo CEO Scott Thompson has told board members and colleagues that he has been diagnosed with thyroid cancer, sources tell the Wall Street Journal . Thompson stepped down as CEO after it was discovered that he did not have a college degree in computer science, as...

Yahoo Board Probes CEO's Fake Résumé Debacle

Evann Gastaldo — Tue, 08 May 2012 07:39:00 CDT

Yahoo’s board is investigating the mess surrounding CEO Scott Thompson’s inflated résumé , and is hiring a law firm to oversee the matter, the Wall Street Journal reports. After shareholder Third Point LLC discovered Thompson has only an accounting degree, rather than a degree in computer science and accounting as his...

Yahoo CEO Accused of Inflating Resume

Rob Quinn — Fri, 04 May 2012 05:00:00 CDT

Activist Yahoo shareholder Dan Loeb appears to have vetted CEO Scott Thompson more carefully than the company's board did. In his bio and regulatory filings, Thompson claimed to have a double degree in computer science and accounting from Stonehill College, but his only degree is in accounting, Loeb discovered. Loeb—...

Zynga Blows $1.4M on CEO Security

Kevin Spak — Tue, 10 Apr 2012 09:44:03 CDT

Zynga CEO Mark Pincus must be a really important guy, because his company is spending a whopping $1.37 million on his personal security, the Wall Street Journal reports. Of that, $596,000 went to a company owned by—you guessed it—Pincus himself. In regulatory filings, the firm says...

Another Steve Jobs Doll Is Out

Dustin Lushing — Wed, 14 Mar 2012 15:19:05 CDT

Cuddle up with your favorite CEO: A 15-inch plush stuffed doll of the late Steve Jobs is now for sale. The "iCEO," released by pillow company Throwboy , will set you back $60. It features removable glasses, a black turtle neck, and real denim jeans, reports Mashable . The toy is limited-edition,...

CEOs Get Paid Big Bucks to Sit in Meetings, Eat Lunch

Kate Schwartz — Tue, 14 Feb 2012 11:58:05 CST

It's no big secret that CEOs can make completely ridiculous amounts of money; what is less obvious to some is what they do that's so darn valuable. A group of London School of Economics and Harvard Business School scholars decided to dig into one aspect of CEOs' work week, by...

Sorry, Mitt, America Isn't a Business

Kevin Spak — Fri, 13 Jan 2012 13:27:05 CST

Mitt Romney is running on the premise that America needs a successful businessman to become CEO and turn it around. There's a glaring flaw in that argument, writes Paul Krugman of the New York Times : "America is not, in fact, a corporation. Making good economic policy isn’t at all like...

America's Top CEOs Had a Nice Fat 2010

Kate Schwartz — Thu, 15 Dec 2011 12:25:05 CST

Today, in Depressing Coincidences in Journalism, we're greeted with the news that nearly 50% of Americans are living below the poverty level or very close to it—and the news that America's top CEOs saw their 2010 pay jump a crazy 27% to 40%. The latter revelation comes via the...

IBM Names First Female CEO

Matt Cantor — Wed, 26 Oct 2011 08:51:05 CDT

IBM, long seen as a slow-moving boys’ club, has named its first female CEO. Global sales head Virginia Rometty will take over from Sam Palmisano in January, making IBM the highest-valued US corporation run by a woman, Reuters reports. Industry and Wall Street observers applauded the decision, which retains Palmisano...