Concur's board of directors met over the weekend to review an error in the company biography of Chief Executive Steve Singh, the latest...
Concur’s board of directors met over the weekend to review an error in the company biography of Chief Executive Steve Singh, the latest Seattle-area executive targeted by San Diego stock sleuth Barry Minkow.
From 1998 to 2007, Singh’s bio said he graduated from the University of Michigan, but it turns out he didn’t quite finish his degree. The situation was reported March 20 by Bloomberg and then followed by Barron’s (which reported another glitch in the bio of Singh’s brother, Rajeev Singh, a board member).
Through a spokeswoman, Singh told Bloomberg, “I deeply regret the mistake.”
The board’s response, according to a release issued this morning:
Most Read Business Stories
- Boeing delivers first 737 jet from completion center in China
- Workers start paying for Washington’s new paid-leave law next month. Here’s how it works.
- Five steps to reduce your vulnerability to a hacker | Q&A with Patrick Marshall
- As America retreats, China moves to create a new world order | Jon Talton
- Apple to expand Seattle office to more than 1,000 workers
At the conclusion of its meeting, the Board expressed its regret that the mistake occurred, and its complete confidence in Mr. Singh, his abilities, and his proven leadership. The Board also provided guidance to Concur’s management about steps to prevent similar mistakes from occurring in the future.
Read more in Dudley’s blog by clicking here: http://blog.seattletimes.nwsource.com/brierdudley/2009/03/23/concur_confirms_glitches_in_si.html