Yahoo! shareholder Third Point accuses chief Scott Thompson of lying on his CV However, Dan Loeb, the chief executive of hedge fund Third Point, said Mr Thompson "embellished his academic credentials" as his degree is in accounting only. Yahoo! reiterated its confidence in Mr Thompson, saying he is a "highly qualified executive with a successful track record leading large consumer technology companies." Third Point's letter is the latest salvo against Yahoo!. The hedge fund, whose 5.8pc stake in Yahoo! ranks it among the tech firm's largest institutional shareholders, has also accused board member Patti Hart, who chaired the chief executive search committee, of embellishing her educational record. Various corporate filings state that Ms Hart holds a bachelor's degree in marketing and economics from Illinois State University but her degree is in business administration, Mr Loeb said. A Yahoo! spokesman responded: "We can confirm that Patti Hart holds a bachelor of science degree in business administration with specialties in marketing and economics from Illinois State University."