Wal-Mart Flack Should Thank His Lucky Stars Dan Loeb Doesn't Have A Position In WMT

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The disembowling would have been swift.

Wal-Mart Stores Inc. (WMT)’s chief spokesman resigned after the company discovered an almost two-decade-old falsehood in his official biography, a person familiar with the situation said. David Tovar, who announced last week that he was leaving the job as vice president of communications, has previously said he earned a bachelor of arts degree from the University of Delaware in 1996. Wal-Mart discovered he never received the degree while he was being evaluated for a promotion to senior vice president, which had prompted due-diligence screening, said the person, who asked not to be identified because the matter is private. Tovar, 40, joined Wal-Mart in 2006 after working for the tobacco and snack-food company Altria Group Inc. An academic-records official from the University of Delaware confirmed to Bloomberg News that Tovar never got the diploma.

Wal-Mart Spokesman Said to Resign Over Resume Falsehood [Bloomberg]

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