ByDecember 06, 2024 at 8:14AM ESTNEW YORK —
And today’s political, economic and technological climate is only going to make the job of evaluating threats against executives and taking action to protect them even more difficult, experts say. Meta, whose businesses include Facebook and Instagram, reported the highest spending on personal security for top executives last year, filings culled by research firm Equilar show.
Just over a quarter of the companies in the Fortune 500 reported spending money to protect their CEOs and other top executives. Of those that did, the median payment for personal security doubled over the last three years to about $98,000. Others forgo in-person meetings with shareholders, including Amazon, which holds its annual shareholder meetings virtually.