Essentially what I see happening is everyone involved in the appointment and selection of senior executives is now much more aware. Sarbanes-Oxley the federal financial reporting law is putting a much greater onus on the board. Ethics becomes very important in the hiring process ... If they end up hiring a CEO to the extent of 'an Enron,' the board will be held responsible, too.
More Quotes from Peter Felix:
If the checks aren't done, then that's a mistake. You can't afford to take the risk with officer-level positions in public companies.Peter Felix
There has probably been more resume deception in the last 10 years than I would dare imagine. But I don't think it's going to change.
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