CEO Lies on Resume; Gets Away With It

Posted on Tuesday, February 3, 2009 by Frank Roche

Microsemi’s Board of Directors determined that CEO James Peterson lied about his academic background, claiming degrees from Brigham Young University that he didn’t have. The Board let him off the hook. What kind of lesson is that for employees?

UPDATE: If you want a real laugher, here’s Microsemi’s “code of ethics.” Yep, I put quote marks around them to indicate snark. I guess expediency is one they forgot to write. You know, I don’t like to pick on individual companies, but this is beyond the pale. I mean, is it only about money? When does the line get crossed when a shaky board moves the line?

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User Comments

  1. Paul Hebert

    Feb 3rd, 2009

    Some animals are more equal than others.

  2. Frank

    Feb 3rd, 2009

    Paul, that Animal Farm reference is perfect here. Wow.

  3. lruettimann

    Feb 3rd, 2009

    Answer: it's a crap lesson.

  4. mszypko

    Feb 3rd, 2009

    Animals like Geitner and Daschle come to mind as well.

  5. Frank

    Feb 3rd, 2009

    Mark, I agree. I think it's a real mistake for those guys to be appointed. I
    thought things were going to be different. What does this say about a CEO, a
    company, or the person? I think Daschle can't be in…and Geitner's gotta
    go.

  6. Charlie

    Feb 4th, 2009

    Have a moment of time and want a laugh?
    The “code of ethics” link above includes this paragraph for whistleblowers :

    # The Microsemi Alert Line has been established for the anonymous and confidential reporting of suspected violations. The Microsemi Alert Line is a message tool that provides three modes of communication: Voice mail, E-mail and “over the web” input. Each is available 24 hours a day. The voice mail mode is toll-free and anonymous. The voice mail number is: (866) 537-4617. The E-mail mode requires that you send an E-mail to mscc@openboard.info. The web input is accessed at https://www.openboard.info/mscc. These modes of communication are for use by Microsemi directors, officers, employees or contracted personnel anywhere in the world. Information you provide using the Alert Line will be promptly transmitted to Microsemi's legal counsel or Board of Directors.

    Take a moment and let them know about ethics violations they might be “unaware of”!

  7. Frank

    Feb 4th, 2009

    This is the hide in plain site approach that was perfected on Mission Impossible. If you're going to lie, lie big. Hmmm….scary. There are a lot of people who should be ashamed on this one. I think I might call that number today…just to remind them.

  8. David

    Feb 4th, 2009

    This is an example of double standards which is totally unacceptable.

  9. Resume Guru

    Feb 6th, 2009

    Its really very unethical !!

  10. Frank

    Feb 7th, 2009

    It is unethical. And it sends a huge message to everyone else in the company that ethical relativisim is okay.

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