Ramesh Tainwala is stepping down as chief executive officer of Samsonite International. (Jerome Favre/Bloomberg)The world’s largest luggage company announced its chief executive was resigning eight days after a report accused him of falsely claiming a PhD on his resume. Ramesh Tainwala, Samsonite’s CEO since 2014, stepped down from his role on Friday citing personal reasons, according to a company news release. On May 24, the short-seller Blue Orca Capital published a report claiming Tainwala had long described himself as a doctor with a degree in business administration — despite never completing the program. The Blue Orca report noted that a doctorate didn’t appear on Tainwala’s company bio.

Source: Washington Post June 01, 2018 18:56 UTC