“In a letter to Chairman William Lauder that was reviewed by Bloomberg News, the staff asked for ouster of Ronald Lauder, a board member and family heir, over his support for President Donald Trump, saying it damages the beauty company’s corporate values and relationship with the black community and employees.”Bloomberg
June 6, 2020
“Ronald Lauder’s involvement with the Estee Lauder Companies is damaging […] to this company’s legacy.”
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Reputation risk is the behavioral economic peril of angry disappointed stakeholders.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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