Whatever the legal or business reasons why Musto ended up with majority control over Arduino, there is no justification to have him in control of the foundation. Musto has shown us that he cannot be trusted. It is bad enough that he has gained control of Arduino Holding. We must not allow him to control the foundation.
They dug into it and found that neither NYU -- where Musto claimed to have earned an MBA -- nor MIT had any record of his attending their institutions. Called on this by a reporter from Wired, Musto deflected, first claiming that he occasionally misspoke about his credentials, then, when it was pointed out that his Linkedin profile and official bio listed the credentials, he blamed his underlings. He claims he was an exchange student and took a few courses at both universities, but neither can confirm even that.
Today, Musto's Linkedin profile lists a single academic affiliation: Montessori Kindergarten, 1971/72.
Hmmm, and haha.