Crisis management
-
‘We turned our château into a shelter for refugees as the share price fell 48 percent:’ Eugeniu Baltag on the highs and lows of wine IR
If you follow Eugeniu Baltag, the engaging IR and M&A director at Purcari Wineries, on LinkedIn, you’ll know he’s been on a bit of a retrospective. From sticky-note IR to the latest M&A or a post on the double-whammy crisis of the pandemic and the Ukraine war, his musings are interesting, informative, funny and told with warmth. We caught up with Baltag to hear some of his tales from the front line of IR firsthand. While some are dramatic and some incredible, others might make other IROs green with envy (wine tasting château site visit, anyone?)
Published 23 hours ago -
‘What we don’t need is more masculine energy’: Where ESG fits in the corporate scandal warning system
What links Wells Fargo, the largest retail bank in the US with Boeing or failed blood-analysis startup Theranos? They all offer up examples of corporate scandal that feature in Guido Palazzo’s book The Dark Pattern: The hidden dynamics of corporate scandal, co-authored with Ulrich Hoffrage. In it, Palazzo, a professor of business ethics and TEDx Talk speaker, and Hoffrage, a professor of decision theory, seek to uncover what lands huge multinational firms with multi-million-dollar fines for fraud, their senior executives at best fired or at worst jailed.
-
Why Brian Thompson’s killing has prompted companies to think about executive safety and corporate purpose
‘Executive security used to be something of a hard sell,’ says Iylia Lavatelli, a former close-protection security provider, now working at operational resilience firm Restrata, talking about budget as well as executive willingness playing their parts in what any security manager can achieve. That, of course, changed with the shooting of Brian Thompson, UnitedHealthcare CEO, in New York last week. The news today is of companies scrambling to organize their security and senior profiles being removed from corporate websites – health insurance firms in particular
