RadioShack's CEO Resigns

[951-Riverside]

RadioShack Corp.'s beleaguered president and chief executive, David Edmondson, resigned Monday after questions about his resume's accuracy.

The Fort Worth-based electronics retailer said its board accepted his resignation and had promoted Claire Babrowski, executive vice president and chief operating officer, to acting CEO.

Leonard Roberts, RadioShack's chairman and Edmondson's predecessor as CEO, said the move was necessary to restore the company's credibility.

"One of the most important things we have as a corporation is integrity and trust, and we know we have to restore that back to the public," he said.

http://www.latimes.com/business/la-fi-radio211feb21,1,1921127.story?coll=la-headlines-business

[951-Riverside]

1. Is this the guy responsible for closing 400 out of 700 stores?

[MindPilot]

2. He must be one helluva good (neo) con man

He's the CEO of a major corporation with no degree--just a couple semesters at some little rinky-dink bible school, a heavy Bush supporter, and he goes on trial next month for his third DUI arrest.

[951-Riverside]

3. He should have applied to head FEMA :)

[gratuitous]

4. Let's not get ahead of ourselves

Why don't we wait for the furor to die down a little before providing him with a government sinecure? Until, say, March?

[annofark]

5. Should not have lied but...

even though I am a college grad and value education greatly...I feel bad for the guy because he knew that the Only way to rise through the ranks and earn a nice living was to lie about having an education.

I think that the barrier of entry to executive levels for non-graduates is just too thick these days.

[tanyev]

10. He LIED about graduating from a BIBLE college.

Absolutely no pity from me.

Edmondson had claimed that he received degrees in theology and psychology from Pacific Coast Baptist College in California, which moved in 1998 to Oklahoma and renamed itself Heartland Baptist Bible College.

The school's registrar told the Star-Telegram that records showed Edmondson completed only two semesters and that the school never offered degrees in psychology. The school official declined to comment to Associated Press.

[SoCalDem]

6. His job is done.. He came on board, gutted the company, set up a

golden parachute for himself, and now he's on to the next adventure:puke:

[951-Riverside]

7. How long has he been CEO?

I thought it was a horrible decision to get rid of the catalog, close 400 stores and focus a large part of their efforts on selling cell phones.

[MikeStl]

8. Looks like

They had questions...and he didn't have answers ;)

[Blue_Tires]

9. brilliant

more people with fake degrees getting high-profile jobs--i guess my 'real' degrees are worthless