Tuesday, February 21, 2006

RadioShack CEO resigns

Yesterday we wrote a piece about the RadioShack CEO under seige. He had just announced terrible results for the US' 3rd largest electronics retailer, admitted to lying on his resume and even going to court for a drink driving offence (and all in a week - Wow, poor guy).

Well, today he did the right thing and resigned. And the board stated that they would from now on vet all resume's. It seems odd that they need a mess such as this to better vet candidates. What did they do before?

One of the worlds leading search firms, Spencer Stuart, has been hired to find a new CEO - I guess they'll vet like never before!

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