US Companies Ramp Up Executive Protection Spending by 16%—Because C-Suite Safety Doesn’t Come Cheap

Corporate America just opened its wallet wider—16% wider—to shield top brass from... well, whatever keeps them up at night.

Bulletproof budgets boom as firms prioritize VIP security over shareholder dividends—again.

Meanwhile, frontline employees still foot their own healthcare bills. Priorities, right?

Threats to Top Executive Rising, Force US Firms to Increase Spending

The death of the Blackstone executive Wesley LePatner last week forced Blackstone to hold Zoom calls after sending staff home.said Rich Friedman, Chairman of Goldman Sachs Asset Management. Friedman said that he previously worked with Wesley LePatner, and the shooting has brought fear into Wall Street executives.

The attack waswrote Citigroup spokesperson Ed Skyler to employees in a note.” he said. The spokesperson assured that the US firm has increased security spending in its Manhattan headquarters, among other important offices. Ben Joelson, Head of Security at Chertoff Group, confirmed that the threats against top executives are experiencing an