David Tovar, 40, Wal-Mart's vice president of corporate communications, did not complete his college degree. During a detailed verification before considering him for promotion, the management found the issue with his degree. The issue pushed him to resign from the post.

In 2006, David joined Wal-Mart and has served in the company for almost eight years. Earlier he was working for the tobacco and snacks-food company Altria Group.

Tovar in a telephonic interview stated that the error was discovered when he was going through an additional leadership assessment for being promoted to the post of senior vice president. He said this assessment was part of the process opted for promotion, which also included a number of other tests like drug test, background checks among other things. These assessments were carried out by a third party company.

Tovar said, "I got a job and never looked back. I really didn't think an art degree would matter in communications, which was the field I went into".

Wal-Mart in response to Tovar's faulty resume said that it had dropped the idea to promote David on the ground of non-completion of his college degree and wrong resume. Wal-Mart reported that Tovar claimed that he earned a bachelor's of arts degree from the University of Delaware in 1996.

Tovar is not the only one who had to leave his job under the degree issue. Scott Thompson was also forced to leave his job as Yahoo's CEO when Third Point's Daniel Loeb revealed that Thompson only had an accounting degree from Stonehill College. Another one was David Edmondson CEO of RadioShack's who resigned in 2006 after it was revealed that he did not have a college degree.

Janice Wiley, an academic-records official from the University of Delaware, confirmed saying that Tovar never received the degree. Janice continued affirming that Tovar discontinued his degree on May 25, 1996, which means that Tovar did not register again to finish his required coursework.

In an email to Bloomberg, Tovar said that this is the right time to start a new adventure. He said working in Arkansas was an amazing experience and he will definitely miss it.