This played out recently when C.S. Venkatakrishnan, chief executive officer of Barclays, announced he was diagnosed with Non-Hodgkin Lymphoma, according to a disclosure by the British universal bank to the London Stock Exchange. Over the 12 to 16 weeks of treatment he’ll need, Venkatakrishnan says he plans to still be actively engaged in managing the bank, while also periodically working from home.
Share prices tend to drop after the announcement of a top executive’s illness, medical leave, or hospitalization, because investors wonder how effectively a sick boss can run operations or speculate about a possible change in CEO down the line. Among U.S. firms, shares drop by almost 2% the day after an illness announcement, which amounts to $133 million for an average U.S. S&P 500 firm, according toresearchers who analyzed firms where the chief executive took a medical leave.
...visit a doctor?
Slaves keep working
You stay in your $50,000 bed and have your illegal maid bring you soup
You sell 95% stake to China.
They post loads of crazy shit on Twitter
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Organized retail crime: How it happens, what stores do to stop itInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Wouldn't this injured grandmother be better off today if every retail store had cameras tied into a police facial recognition system? Ironically Democrats have done nothing to curtail this. But when stores close (in poor neighborhoods first) they will be the first to squeal insiderretail Wage theft is still the biggest monetary theft in America.
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