Boards can’t “set it and forget it”

Business leaders have been reaching out to security service providers to inquire about executive protection in the wake of the murder of UnitedHealthcare CEO Brian Thompson in Manhattan.

… Last year, 109 companies, or about 21%, of the S&P 500 included personal security as a perk for executives, according to data from public company intelligence provider MyLogIQ. Most of these perks (49) went to CEOs, followed by CFOs, who received 14 of these perks.

While the majority of these perks were in the C-suite, 16 personal security benefits went to presidents and vice presidents who did not hold C-suite roles, according to the data. The Securities and Exchange Commission requires security perquisite disclosures only if they are for the executive’s personal use and not during ordinary business.