Top hedge fund manager Dan Loeb has again reiterated to CNBC in exclusive comments that he does not intend to relent in his fight to have an interim CEO appointed at Yahoo!.
CEO Scott Thompson has come under fire after Loeb discovered that Thompson does not have a computer science degree from Stonehill College as he claimed on his bio and also in regulatory filings.
“It’s a matter of accountability and a lack of values,” Loeb tells us.
Mr. Thompson graduated with a degree in accounting only.
Although Piper Jaffray analyst Gene Munster appreciates the seriousness of the issue – he thinks Loeb is missing the point. He says Thompson knows tech well and should be good for the company.
“I understand there are integrity issues here, but they just aren’t serious enough (to replace Thompson),” says Munster.