Alan Murray writes in Fortune (emphasis added): Davos also forces CEOs to step back and take a broader view of their place in society. That was evident in a dinner Fortune hosted last night, where 60 global CEOs spent two hours sharing thoughts on the top risks and opportunities facing business in the decade ahead. The…
Tag: CEOs
PWC’s Annual CEO Survey 2022
PWC’s 25th annual CEO survey focused on “the power of trust.” We found that highly trusted companies are more likely to have made net-zero commitments and to have tied their CEO’s compensation to nonfinancial outcomes, such as employee engagement scores and gender diversity in the workforce. Correlation is not causation, and we’ll continue to explore…
Why disgraced CEOs rarely fall as far or as fast as everyone else | Financial Times
If business leaders falter, their fall is usually well cushioned, not only by the financial perks of office, but by a safety net of useful contacts — a safety network, if you like. Why disgraced CEOs rarely fall as far or as fast as everyone else | Financial Times
More Than 100 CEOs Discuss Opposition to Vote Suppression Laws
More than 100 of the nation’s top corporate leaders met virtually on Saturday to discuss ways for companies to continue responding to the passage of more restrictive voting laws across the country, a signal that the nation’s premier businesses are preparing a far more robust, organized response to the ongoing debate. With some CEOs chiming in from…
Please Don’t Call CEO Departures for Cause “Push-Outs”
The use of the term “push-out” reveals the bias of this study, from a program largely funded by CEOs. When CEOs are promptly fired for cause, including poor performance, without multi-million-dollar departure packages. we’ll begin to talk about efficient markets. Research using the Push-out Score analysis model shows that at the start of the year,…
CEO Turnover: Why CEOs Are Bailing Out In Droves | Investor’s Business Daily
We can’t help thinking of rats deserting a sinking ship. Are CEOs shorting American business? More than 1,400 CEOs left their posts this year through November, says Challenger, Gray & Christmas. That’s up 12% from this point last year. And it’s the highest January to November total since Challenger started keeping track of the numbers…
Today in Disgraced CEOs — Overstock and Jimmy Johns
Patrick Byrne abruptly resigned from Overstock.com, the company he founded, with a rambling, incoherent appearance on FOX News where he claimed that he was asked to spy by “some very honorable people,” including having an affair with now-jailed Russian spy Maria Butina. “I took some orders that seemed very fishy…[but]I’m not working with anybody….I want…
CEOs Adopt “Stakeholder” Goals: Business Roundtable
A new statement from the Business Roundtable commits to stakeholder interests instead of making the primary purpose of the company shareholder value. We have some concerns. And a strong sense of deja vu. The last time the BRT was excited about stakeholders it was during the era of hostile takeovers, and a feint to the…
Update: Trump’s Business Councils Disband in Light of His Support for Racist Groups
The New York Times reports that there was something of a race between the CEOs who wanted to abandon ship from President Trump’s business advisory councils and the President, who wanted to shut them down before there could be any more embarassing defections. President Trump’s main council of top corporate leaders disbanded on Wednesday following…
Stop Letting Quarterly Numbers Dictate Your Strategy
Former Jive Software CEO David Hersh says that there is too much focus on quarterly revenue numbers. He has some good suggestions — keep R&D involved in strategy, make sure the board understands that revenues are the result of strategy not the other way around — but omits the key factor of communicating effectively with…
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