Rising Risks, Rising Costs: US Public Companies Spending More on CEO Security
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CEO & Executive Compensation

Rising Risks, Rising Costs: US Public Companies Spending More on CEO Security

/ Quick Take

2024 saw a record high in expenditures on personal and home security for CEOs at S&P 500 companies, and a 29% year-over-year increase for CEOs at Russell 3000 companies. The share of companies offering these security measures has also risen significantly since 2022, with the trend more pronounced in the S&P 500, where companies face greater public visibility and investor scrutiny than in the smaller-cap Russell 3000.

More on this topic from The Conference Board:

 

2024 saw a record high in expenditures on personal and home security for CEOs at S&P 500 companies, and a 29% year-over-year increase for CEOs at Russell 3000 companies. The share of companies offering these security measures has also risen significantly since 2022, with the trend more pronounced in the S&P 500, where companies face greater public visibility and investor scrutiny than in the smaller-cap Russell 3000.

More on this topic from The Conference Board:

 

Key Insight

The growth in S&P 500 companies providing CEO security highlights the complex risks corporate leaders face in an increasingly divisive political and social climate in the US. To enhance security and mitigate risks, companies can consider:

  • Risk assessments: Regularly evaluate personal, home, digital, and travel-related vulnerabilities to adapt to evolving threats.
  • Situational training: Offer tailored training for CEOs and their families on awareness, threat recognition, and response strategies.
  • Travel security: Develop robust travel risk management plans with vetted transport, secure accommodations, and localized threat intelligence.
  • Expert partnerships: Collaborate with specialized security firms to leverage advanced technology, tra

Author

Andrew Jones, PhD

Andrew Jones, PhD Andrew Jones, PhD

Principal Researcher, Governance & Sustainability …
The Conference Board

Read Bio

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