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The chief executive of InterContinental Hotels in Asia Pacific, and a prospective board member at the leisure group, has quit with immediate effect after it discovered that he had lied on his CV.
"This is a very serious matter and we have treated it very seriously," a spokesman for InterContinental Hotels said this morning.
Patrick Imbardelli, who joined InterContinental in 2000, told the company when he applied for his job that he had three university degrees, a company spokesman said.
Mr Imbardelli had claimed a Bachelor of Arts from Victoria University in Australia and a Bachelor of Sciences and a Masters from Cornell University in America, the spokesman said.
But following an internal review after InterContinental announced plans in May to promote Mr Imbardelli to the main board, it was discovered that he had none of these qualifications.
"While he attended classes at the universities, he did not graduate," the spokesman said. He said that the company had discovered the anomaly after viewing "internal information" but he declined to confirm whether there had been a whistleblower.
"This decision follows an internal review of the academic qualifications of Patrick as previously presented to the company," InterContinental told its investors in a formal statement to the stock market.
The spokesman confirmed that Mr Imbardelli would be receiving no pay-off and no disciplinary action would follow.
He said that neither Mr Imbardelli nor his legal representatives would be making any comment today and declined requests for an interview.
Mr Imbardelli joined Bass, the forerunner to InterContinental, in 2000. After taking on a number of management roles with Hilton International and Hyatt Corporation, he became the managing director of Asia Pacific for IHG in 2003.
Tony South, currently the senior vice-president of development and asset management for Asia Pacific at IHG, becomes the acting chief executive with immediate effect.
Shares closed at £13.22, valuing the group at £3.95 billion.
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So much for effective recruiting procedures at IHG - They probably used a executive search firm and paid a hefty fee but like many of these companies they didnt do their homework.If that was the case I hope IHG get their fees back!!!!
ciaran kelly, carrick-on-shannon, ireland
RESULTS!
Isn't that what it's all about?
You can measure a man by the results he produces.
If the case is to investigate CVs, why not do so with EVERYBODY in politics?
It's those who exercise power over us that require to PROVE something and somewhat of an education.
And because nobody does the world seems to be agonizing!
Luis Humberto Verdin Ibar, Puerto Vallarta, Mexico
Of course, if the person is able to do the job, then it is fine. but why lie in the first place?? if he can lie about his CV, he might as well lie through to get other job or his promotion or whatsoever or even corrupction with multi-million company like this one
if people can work with the skills, then why do we need to go to skool or uni..what is the use of the uni cerftificate then???...i think it's ubsurb.... :(
JS, Perth, Australia
For many years I let a CV lie rest. It stressed me out to the point of exhaustion. Yes i was capable, was promoted often but I dreaded that one day I might get found out. In the end I couldn't take it any more and left the company and went back to college. For any of you who are in that situation, face your demons and get out. In the long run you will be happier.
Michael, Vienna, Austria
Maybe it was a misunderstanding and what he actually claimed was the he "had the Three Degrees " !!!
Ronnie Ince, Stone , Staffordshire
It just goes to show that qualifications mean nothing , compared to the ability to do the job. I have a friend who was working and doing a good job in a Lab. then he was sacked after a year when his quals .never turned up.
Dave Madley, Alicante, Spain
I agree with Barry Mellish: there must be more to this. Mr Imbardelli rose on merit to qualify for the promotion, so why does his academic record matter now?
It' s further proof that far too much importance is placed on academic certificates, obtainable through good memory and lack of nerves, regardless of intelligence, initiative, motivation or originality.
Some of the most successful business people have had no academic qualifications, many even being rebellious and apparently lazy at school.
Sadly, today's employers have no confidence in their own judgement thanks to parasitic 'consultants' convincing them they need to be told how to spot a good candidate - through impersonal, automated procedures and points-scoring systems that identify nothing other than coached interview preparation, just like school exams!
Result? You must have a degree to be an admin assistant. The job doesn't justify it, but the recruiter isn't capable of judging whether an individual can do the job.
Avril Jones, Caterham, UK
IHG shares, after six months of relative stability, have plunged 25% in the last fortnight? Could there possibly be a connection? (Cessna Aircraft shares fell noticeably a couple of years ago when their CEO was found to have fake degrees.)
John Bear, El Cerrito, California
It's not the lie, it's the getting found out that's the problem...
Show me a leading businessman who never lies and I'll show you somebody who's just so good at not getting found out that you..haven't found out that he's a liar.
The skill is
Did that make sense?
:)
Paul, Luton,
My question is: how come that their employers did not realize about Imbardelli´s lies when he was hired? Was not he supposed to produce official documents that backed his different degrees? Or, did he produce fake documents? Whateever the answer, I do not believe such a naivety from their employers.
Dr. Jaime E. Contreras D., Puebla, Puebla, Mexico
Methinks there is more to this than meets the eye.If heas been working with them since 2000 and doing a good job and is worthy of promotion on merit then his academivc record is of little relevance.
Barry Mellish, Bromley, UK
The guy has obviously been doing his job right otherwise he would not be on the list for promotion. At the end of the day, yes he might have lied a bit about his qualifications, (and who hasn't) but to loose a god person because of a few bits of paper seems a loss all round.
Mike Jones, Farnborough, Hampshire
Exactly what I was going to say! I'm glad someone else picked that up.
Caitlin, Ottawa, Canada
did he make the company profitable? is company returning him the profits he made for the company?
dinesh, leicester, UK
Mr James, well put.
Mr Moore, Shanghai, China
If he described himself as a "batchelor" rather than a bachelor, that should have been the give-away.
B. James, Paris,