Credit: Simone/Adobe Stock Inside Track: Is Providing Personal Security to the CEO Savvy Risk Management or Ego-Stroking?
"Is the security being offered designed to protect or being designed to aggrandize? That is an important distinction," corporate governance expert Charles Elson said.
June 01, 2023 at 02:20 PM
5 minute read
The original version of this story was published on Law.com
Credit: Simone/Adobe Stock
Most public company executives are not household names, even those pocketing eight-figure compensation. Typically, they can walk down the street unnoticed.
Yet corporate boards, in consultation with general counsel, increasingly are determining that top executives, especially the CEO, require company-provided personal security.
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