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DEI at Davos: What CEOs are saying
Diversity, equity and inclusion (DEI) has been a hot topic of discussion among politicians and business leaders at this year’s World Economic Forum annual meeting in Davos. It comes as Donald Trump signed an executive order aimed at dismantling the federal government’s diversity and inclusion programs. But most corporate leaders who spoke to CNBC across…
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Companies step up executive protection after killing of Brian Thompson
The assassination of United Healthcare chief executive Brian Thompson has intensified concerns over executive safety, leading many companies to reassess their security protocols. A new HR Policy Association report, based on responses from 180 CHROs across major public companies, reveals that 73% of firms have specific security measures for executives, with 76% relying on third-party…
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Europe sets out simplified compliance ambition
The European Commission (E.C.) is planning measures that will make it easier for companies in the European Union to comply with its regulations. The commission is exploring how to simplify and streamline its laws, while also looking to provide details of the costs and benefits of new rules. A draft document says: “We must free…
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Global CEO exits hit record high
In 2024, a record 202 chief executives departed from their positions, according to Russell Reynolds Associates, marking a 13% increase from the previous year and surpassing the six-year average of 186. The technology sector was particularly affected, with 40 CEOs leaving. Activist investors played a significant role, ousting 27 CEOs, nearly three times the number…
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Black sellers reel over Target’s DEI U-turn
The New York Times looks at how Target’s decision to roll back its diversity, equity and inclusion (DEI) goals has impacted Black entrepreneurs. In Minnesota, organizations including Black Lives Matter Minnesota, the Racial Justice Network and the state chapter of the Council on American-Islamic Relations have called for a national boycott of the retailer. “We…
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Audit firms warned on specialist reliance
The PCAOB released a staff report on Tuesday, warning auditing firms about the risks of relying on specialists for fair value measurements and accounting estimates. The report highlights the increasing importance of specialists in financial reporting, stating, “If a specialist’s work is not properly overseen or evaluated by the audit firm, there may be a…
