5 Top reasons why Business Leaders should be Background Checked intensively
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The document lists several examples of company leaders who lied about their qualifications and credentials, leading to embarrassment and resignations for the companies. It argues that with more thorough background checks, these incidents could have been avoided. Specifically, it details cases where CEOs and senior executives at Yahoo, RadioShack, Bausch & Lomb, Ahli United Bank, and Veritas Software fabricated aspects of their educational and professional backgrounds. The document concludes that with proper verification of leaders' credentials and histories through background checks, these misleading claims could have been discovered and the reputational damage minimized or prevented.
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5 Top reasons why Business Leaders should be Background Checked intensively
- 1. Top reasons why Leaders should be Background Checked intensively
- 2. Yahoo, CEO Could Yahoo have escaped this embarrassment? Scott Thompson lied about his computer Science degree which not only affected his hiring but also the official regulatory filings for the company. Embarrassing for the Company!
- 3. RadioShack, CEO Could RadioShack have avoided this ? David Edmondson had lied about very serious records from his past, including his academic record and three DWI charges He resigned over questions raised on his resume!
- 4. Bausch & Lomb, COO Could Bausch & Lomb have checked this before hiring? Ronald Zarrella falsely claimed an MBA from New York University's Stern School of Business
- 5. AUB, Deputy CEO Could the bank have avoided this disgrace? Ahli United Bank Deputy CEO, Peter Gwinnell was convicted of fraud after falsely claiming he had degrees from Oxford and Harvard Gwinnell was handed a 50-week prison sentence suspended for 18 months after he admitted fraud
- 6. Veritas Software, CFO Could Veritas have run a thorough background check? Kenneth Lonchar fabricated his education - an accounting degree from Arizona State University and an MBA from Stanford Forced to resign!
- 7. Yahoo could have escaped the embarrassment! Radio Shack could have avoided this incident! Bausch & Lomb could have checked this before hiring! Ahli United Bank could have avoided this disgrace! Veritas could have run a thorough background check! YES!
- 9. Know more: www.authbridge.com AuthBridge Research Services Pvt. Limited 2nd Floor, Plot No 123, Udyog Vihar Phase IV, Gurgaon – 122 016, Haryana Email: sales@authbridge.com Sales Line: (91)88-269 88001