RadioShack CEO resigns amid resume questions

Edmondson, 46, joined RadioShack in 1994 and has been CEO since May.
He said Wednesday he believes that he received a theology diploma
called a ThG, but not the four-year bachelor of science degree listed
on his resume. He added that he cannot document the ThG diploma. Edmondson is also scheduled to stand trial in April on charges of driving while intoxicated.

"David Edmondson resigned today as president and chief executive at RadioShack Corp. following questions about his resume and an announcement that the struggling company will close as many as 700 stores. The Fort Worth company announced a 62 percent drop in earnings Friday, said in a statement that its board accepted Edmondson's resignation. Claire Babrowski, who most recently served as executive vice president and chief operating officer, was promoted to acting CEO. On Wednesday the company 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. Edmondson said then that he took responsibility for errors in the resume, which were first reported by the Fort Worth Star-Telegram."