RadioShack president and CEO resigns

Reuters | February 20, 2006

[HAL9000]

NEW YORK (Reuters) - RadioShack said on Monday that its board accepted the resignation of David Edmondson from his posts of president, chief executive and director.

Edmondson has been under pressure after admitting that he lied on his resume and after the company posted disappointing quarterly results last week.

[politicket]

Did they take away his "Free Battery Each Month" card also?

[1FASTGLOCK45]

What did he lie about? I won't sleep until someone posts the answer :P

[Red Badger]

Lied on his resume?............What did he say? That he had a MBA from Harvard?.....

[jdm]

Edmondson has been under pressure after admitting that he lied on his resume stole 50,000 deluxe packs of 9 Volt batteries. and after the company posted disappointing quarterly results last week.

That's where all those went to! /s

[jdm]

"What did he lie about? I won't sleep until someone posts the answer :P "

He was in bed with Helen Thomas?

[frankjr]

"A biography that was distributed to the news media and posted on RadioShack's Web site said that the executive earned degrees in theology and psychology from Pacific Coast Baptist College in San Dimas, Calif."

I'd consider it a plus if those weren't actually his credentials. If you are going to lie, you gotta go big...MBA Stanford, JD Yale, PhD nuclear physics MIT.

[Phlap]

They don't catch the smart ones.

[Zuben Elgenubi]

Edmondson has been under pressure after admitting that he lied on his resume and after the company posted disappointing quarterly results last week.

He's also had a recent DUI after having two others in the last 20 years.

[Izzy Dunne]

said that the executive earned degrees in theology and psychology from Pacific Coast Baptist College in San Dimas, Calif."

No offense to PCBC intended, but isn't that like counterfeiting pennies?

[PackerBoy]

It's funny. It seemed to me that the company had made some strides in the right direction of late. The ads seems edgier, even funny, and the stores seem a bit (but not much) more consumer friendly and less nerdy.

But the bottom line is the key to these types of decisions, and I have no idea what RS's recent earnings and sales numbers look like. The lying-on-his-resume reason seems convenient, even if fact-based.

[Vladiator]

He went there, but he did not graduate.

[iowamark]

I think he lied when he claimed that Radio Shack was an electronics store!

[LibertarianCandidate]

Radio Shack seems to be one of the most poorly managed chains around. Their store managers don't seem to last for more than a few months, and they alway have a lot of merchandise just piled on the floor. They seem to have operated this way for a long time.

[politicket]

I have found memories of Radio Shack from back in the 70's.

They were the first store where this otherwise polite teenager first told the staff to "shove it" when they kept pestering me for my address when I just wanted to buy a 9V battery.

[politicket]

found = fond (dang spell checker)

[Caramelgal]

They don't catch the smart ones.

You wouldn’t believe the number of people who lie on their resumes. I worked at a pharmaceutical company a few years back and within the span of just a couple of months we had several candidates far into the hiring process who were caught lying on their resumes about their degrees and one even lied about passing the CPA exam.

I was an accounts payable manager and I had a temp to whom we were offering a permanent position and the background check revealed she lied about having a college degree. The really sad thing was that a degree was not even a requirement for the job so if she had just left it off the resume, she would have been hired.

Now days most companies run pretty extensive background checks out of fear of liability, and especially public companies because of Sarbanes-Oxley.

Anyone who lies on his or her resume isn’t too smart in my book.

[50sDad]

Speaking as a Nerd, I can no longer get capacitors at my local store, and have to drive across town! Harrumph!

[b4its2late]

Kinda harsh ain't it? All he did was tell a little white lie on a resume and he resigned?

I mean, our former President who was also Commander-in-Chief fought like the devil to stay in his job, and did as a matter of fact, with never a hint that he might possibly resign. He lied face-to-face to a judge after placing his hand on a Bible and swearing to tell the truth, the whole truth and nothing but the truth so help him God....

[steveo]

Someone called and asked if they had any 100ohm resistors in stock and he said yes.