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Monthly Briefing 2012-6
Sex and the CEO
Men and women; men and women and more men; and still more men. This past year, Best Buy and HP -- to name just two S&P500 companies -- had C-suite turnovers precipitated by relationships between the CEO and an employee. Highmark dismissed its CEO for cause after he fought with his mistress’ husband. And across the pond, Lord Browne stepped down a few years ago from BP after a relationship was exposed by the press following years of denial. Is there any good in all this? Are these evens fortuitous or do certain firms experience a carnal discount? In our next program, we ask our experts how all this impacts a firm and its stakeholders.
Speaking at the 8 June program were William Hernandez, Member of the Executive Committee and Chair of the Restructuring & Executive Compensation Committee (Eastman Kodak Company); also Albemarle, Black Box, and USG Corp; and Jonathan Low, Partner and Co-Founder of Predictiv, LLC, a metric driven provider of strategic and performance enhancement services.
Jonathan Salem Baskin, global brand strategist, speaker, and author, moderated the Q&A.
If you want to understand the dynamics of CEO/Board interactions, you'll want to listen to this conversation.