“This was the week of the disappearing chief executive…This level of executive churn is part of a longer-term trend. Last year there was more turnover among chief executives at the top 2,500 public companies than at any point since 2000 when Strategy&, a PwC consulting business, started collecting statistics. A new record is likely this year…A separate monthly tally of US chief executive turnover shows 15 per cent more at this point than last year’s record, according to its compiler, Challenger, Gray & Christmas. Last month was the most active since the recession of 2008.”
Financial Times
September 29, 2019
“Some public investors were rightly annoyed by the Business Roundtable of CEOs pronouncing grandly last month that the era of shareholder primacy was over.”
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Reputation risk management is one strategy that meets the expectations of both shareholders and other stakeholders.
For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here. To read an abstracted summary of reputation risk, see below.
Risk governance and management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive enterprise reputation risk solution.
What’s your strategy?