I've blogged before about the #MeToo movement and the impact it's had on board room hiring. This is a really good piece from Quartz magazine, featuring comments from Korn Ferry and Russell Reynolds, and discussing the additional due diligence being undertaken before senior level hires. An important topic and well worth following.
For the boards of corporations embarking on searches, these are not academic questions. CEOs and senior executives across a wide swath of industries are being terminated for issues related to personal behavior, and the cost in embarrassment and finances to companies is real. At CBS, for example, shares were downgraded July 31 by an analyst in part because of the potential damage to the company caused by sexual harassment allegations made against CEO Leslie Moonves.