"Three back-to-back violent incidents in the space of 10 months have awakened a new reckoning in corporate security that is fundamentally altering the way companies protect their executives, data from a new Goldman Sachs Ayco report found. The shocking New York City murder of UnitedHealthcare CEO Brian Thompson in December 2024 was followed in succession by a July Midtown Manhattan shooting that claimed the lives of two security guards and two executives at Blackstone and Rudin Management."
""Companies want to make sure executives are safe," Jonathan Barber, head of comp and benefits at Goldman Sachs Ayco told Fortune. "We're seeing this inching back in some cases this year to some of these benefits exceeding early 2000s levels." Strategy, formerly known as MicroStrategy, this month raised the annual cap on executive chairman Michael Saylor's security program to $2 million from $1.4 million, the company told investors."
Three high-profile violent incidents within 10 months — the murder of UnitedHealthcare CEO Brian Thompson, a Midtown Manhattan shooting that killed two security guards and two executives, and the alleged killing of Charlie Kirk — have prompted companies to strengthen executive protection. Corporations are commissioning independent threat assessments and adding home security, personal protection, and enhanced cybersecurity for CEOs, executives, and board members. Common measures include at least one bodyguard for travel and public engagements with increased risk, armed chauffeurs for commuting, mandatory private jet use, and first-class travel for executive teams. Compensation professionals across 291 companies report rising security spending and benefits nearing early 2000s levels. Some firms have raised security program caps for top executives.
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