American CEOs traditionally rise to power by creating successful products, managing expectations and turning profits — not mastering foreign policy. With little margin for error, many are turning to D.C. experts to create their own mini-State Departments.
Nearly 400 companies have announced their intent to withdraw from Russia since President Vladimir Putin invaded Ukraine,Washington, D.C.-based Beacon Global Strategies is monitoring 234 companies at latest count to analyze how they're responding to the crisis.
Jonathan Finer, now serving as principal deputy national security adviser, came back into the federal government after serving as head of political risk and public policy at Warburg Pincus LLC.Be smart: Beyond sanctions and cyber, issues ranging from employee safety to growth strategy and statements of support or condemnation must be considered.
“CEOs and boards now need detailed advice and planning on national security issues — or they risk falling behind the fast-moving events, putting at risk their employees, their supply chains and their reputations,” Bash said. Richard Fontaine, CEO of the Center for a New American Security and a former National Security Council and congressional staffer, said he's fielding growing requests to brief companies in real time so they can react "virtually overnight."Between the lines:
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