Executive security has become a prominent aspect of corporate leadership, with more companies offering protection to CEOs than before. The percentage of S&P 500 companies providing executive security rose from 28.2% in 2023 to 34.4% in 2024. Median spending on security for these executives has increased to $105,749. This trend is driven by a rising number of credible threats, influenced by political rhetoric and social media. High-profile cases, such as the tragic shooting of UnitedHealthcare CEO Brian Thompson, have further emphasized the importance of enhanced security measures for corporate leaders.
Overall, more than a third (34.4%) of S&P 500 companies offered executive security in 2024, an increase from 28.2% in 2023, showing a clear trend towards heightened security for corporate leaders.
In light of credible threats against executives, security spending is projected to increase in 2025, especially after the fatal shooting of UnitedHealthcare CEO Brian Thompson in December 2024.
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