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Three Reasons CEOs Should Take Public Stands, Despite The Risks

2017 Global Agenda for Economic Freedom

Foreword The promotion of economic freedom at home and abroad is essential not only for a genuine and sustained revitalization of the U.S. economy, but also to strengthen U.S. national security. In 2010, the United States fell from the highest category of economically free countries (those with overall scores above 80) in the Index of Economic Freedom. It has been stuck in the ranks of the “mostly free,” second-tier economic freedom category ever since.

Column: What happens to businesses when their CEOs become extremists?

Column: What happens to businesses when their CEOs become extremists? Michael Hiltzik © Provided by The LA Times My Pillow CEO Mike Lindell speaks as President Trump listens during a briefing about the coronavirus in the Rose Garden of the White House on March 30, 2020. (Alex Brandon / Associated Press) Mike Lindell is discovering the downside of becoming known as a right-wing crank. Or so the MyPillow CEO claims. He says that in recent days, Bed Bath & Beyond, Kohl s and Wayfair have dropped his product. Lindell is convinced their decisions are related to his continued support for Donald Trump s claims of a rigged election, telling Yahoo Finance that the retailers were pressured by “left-wing groups that attack with bots and trolls.

MyPillow, Mike Lindell and the danger of extremist CEOs

Mike Lindell is discovering the downside of becoming known as a right-wing crank. Or so the My Pillow chief executive claims. He says that in recent days, Bed Bath & Beyond, Kohl’s and Wayfair have dropped his product. Lindell is convinced their decisions are related to his continued support for Donald Trump’s claims of a rigged election, telling Yahoo Finance that the retailers were pressured by “left-wing groups that attack with bots and trolls.” As more and more business leaders choose to speak out on contentious political and social matters, CEOs will increasingly be called on to help shape the debate about such issues.

Why NAM CEO Jay Timmons statement on the US Capitol riot was powerful

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Jay Timmons, the CEO of the National Association of Manufacturers, released a public statement on the US Capitol riot Wednesday. The statement was a uniquely powerful piece of corporate communication. Insider asked Harvard Business School professor Michael Toffel, who studies CEO activism, to help explain why. Timmons takes a stance, explains why, and makes concrete demands for change, which is different from messages that other business leaders shared. On Wednesday afternoon, the National Association of Manufacturers released a statement on its website: Manufacturers Call on Armed Thugs to Cease Violence at Capitol.

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