Learn from Others’ Mistakes

By Jeff Altman, The Big Game Hunter

(From the archives)

“Radio Shack CEO Steps Down Amidst Resume Questions”

RadioShack Corp.’s embattled president and CEO, David Edmondson, resigned Monday following questions about his resume’s accuracy.

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.

Edmondson said he took responsibility for the errors. Separately, RadioShack said it would hire outside lawyers to investigate errors in Edmondson’s resume, including claims that he earned two college degrees for which the school he attended has no records.

My father owned a business in The Bronx Terminal Market. Six days a week, he went to work, first as an employee, then as an owner after he bought the business from his boss at a time when it might have gone under. He eventually retired, selling the business to two of his managers.