Voice Of Reason
Reading Is Fundamental !
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- Sep 21, 2004
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Hmmm....I can think of a place that has some people whose resumes could use some investigating, and would bet ANYTHING they figured the previous employer already did. This kind of thing happens frequently, which would also explain a LOT. I read a few other articles about the story below, that said the guy only attended one of the colleges for TWO SEMESTERS, and the other never even offered a Psych degree (and he never attended).
Any good Sherlock Holmes' out there? I'll bet there's plenty of this going on at a certain company
February 16, 2006 11:42 PM ET
Pressure grows on RadioShack CEO
David Edmondson, chief executive of RadioShack, is facing growing pressure after admitting that he lied about his educational record when he joined the company 12 years ago.
Mr Edmondson, 46, took over last year as CEO of the third-largest US electronics retailer. He issued a statement on Wednesday night saying he had not received a Bachelor of Science degree from Pacific Coast Baptist Bible College, as stated when he joined the company in 1994.
"The contents of my resume and the company's website were clearly incorrect," Mr Edmondson said.
His said it was his "belief" that he had received a diploma, rather than a degree, from the college, which he was unable to document. He had previously claimed to hold degrees in theology and psychology.
The alleged misrepresentations were first reported in the Fort Worth Star-Telegram, a newspaper in the company's home-town. The paper yesterday quoted the college as saying Mr Edmondson was only enroll-ed there for two semesters.
Mr Edmondson apologised to the board and to employees. "I love my work at RadioShack and am eager to increase shareholder value moving forward," he said.
After details of the alleged misrepresentation emerged, RadioShack's board said it supported Mr Edmondson.
Following his admission, the board said it had retained a lawyer to examine the facts and RadioShack's employment policies. The debacle over Mr Edmondson's record came as the company began a two-day meeting with analysts at Radio-Shack's headquarters.
Mr Edmondson has already been under pressure over the company's poor performance.
RadioShack, which has been struggling to maintain sales heavily dependent on wireless and mobile phone business in the face of growing competition, issued a series of profit warnings last year after providing overly optimistic forecasts.
The company's stock price has declined from over $33 at the start of last year to $20.75 at the close on Thursday, when it lost a further 2.4 per cent.
Mr Edmondson's predecessor as chief executive, Len Roberts, remains company chairman and head of its executive committee.
Separately, Mr Edmondson is also facing a charge of drunk driving, his third in 17 years.
Copyright 2006 Financial Times
Any good Sherlock Holmes' out there? I'll bet there's plenty of this going on at a certain company
February 16, 2006 11:42 PM ET
Pressure grows on RadioShack CEO
David Edmondson, chief executive of RadioShack, is facing growing pressure after admitting that he lied about his educational record when he joined the company 12 years ago.
Mr Edmondson, 46, took over last year as CEO of the third-largest US electronics retailer. He issued a statement on Wednesday night saying he had not received a Bachelor of Science degree from Pacific Coast Baptist Bible College, as stated when he joined the company in 1994.
"The contents of my resume and the company's website were clearly incorrect," Mr Edmondson said.
His said it was his "belief" that he had received a diploma, rather than a degree, from the college, which he was unable to document. He had previously claimed to hold degrees in theology and psychology.
The alleged misrepresentations were first reported in the Fort Worth Star-Telegram, a newspaper in the company's home-town. The paper yesterday quoted the college as saying Mr Edmondson was only enroll-ed there for two semesters.
Mr Edmondson apologised to the board and to employees. "I love my work at RadioShack and am eager to increase shareholder value moving forward," he said.
After details of the alleged misrepresentation emerged, RadioShack's board said it supported Mr Edmondson.
Following his admission, the board said it had retained a lawyer to examine the facts and RadioShack's employment policies. The debacle over Mr Edmondson's record came as the company began a two-day meeting with analysts at Radio-Shack's headquarters.
Mr Edmondson has already been under pressure over the company's poor performance.
RadioShack, which has been struggling to maintain sales heavily dependent on wireless and mobile phone business in the face of growing competition, issued a series of profit warnings last year after providing overly optimistic forecasts.
The company's stock price has declined from over $33 at the start of last year to $20.75 at the close on Thursday, when it lost a further 2.4 per cent.
Mr Edmondson's predecessor as chief executive, Len Roberts, remains company chairman and head of its executive committee.
Separately, Mr Edmondson is also facing a charge of drunk driving, his third in 17 years.
Copyright 2006 Financial Times
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