Herbalife President has an MBA? Maybe

Funny how things catch up with us - Herbalife's President apparently stated on his resume & bio that he had an MBA from Cal State. However, it appears that he never actually received the degree. It's interesting that people are able to get away with things like that. Why spend two years when you can just "say" you have a degree and be a president of a company? The really interesting part is how it all got surfaced. It seems WSJ dug it out. WSJ Article is here. However, this gets better and better - the person who found the discrepancy is Barry Minkow - the ZZZZ Best Barry Minkow - you may want to read his Bio on Wikipedia - he was the  teenage grandfather of Enron. I happened to hear a lecture by the CFO of ZZZZ Best, who served 5 years in prison and now does lectures about corporate responsibility. Anyway, the Wall Street Journal article is really good - read it.

Comments

[Herbalife]

wow! Crazy but hey the products still work great as drink my energy tea as I read. Just keep making great products!

[GMATClub]

Update:
The president actually resigned today after a board review of his academic records - a hard learned lesson how not to inflate your academic records. This really is a tough one esp, when one reaches the President role, just one notch behind the CEO.

http://www.marketwatch.com/news/story/herbalife-president-resigns-first-quarter-net/story.aspx?guid=%7BFFFB1914-4A9F-4461-A8AF-351DF3CFA266%7D