“Bayer, however, has also come to symbolise something less wholesome: large-scale shareholder value destruction. Last year, Bayer completed the purchase of US agrochemicals group Monsanto for $63bn. Measured by the share price fall since the deal was first mooted three years ago, the deal ranks among the worst in corporate history.”Financial Times
August 8, 2019
“Werner Baumann, who has worked at Bayer for more than 30 years, became the first serving chief executive of a Dax-listed company to lose a vote of no confidence.”
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In the C-suite reputation risk—the peril of economic damage from angry disappointed stakeholders—can be very personal.
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