NACD Weekend Reader, June 30, 2018
A new reports finds the #MeToo movement over the last 18 months has opened the door to allegations against 417 high-profile employees and corporate executives, Bloomberg reports. The majority of those individuals are business leaders and executives—410 of them are men—from a wide array of industries, according to the report by crisis consulting firm Temin & Co.
Many of the allegations stem from incidents that happened years ago, but have only recently come to light. And while the rate of accusations has slowed recently, the percentage of individuals fired has increased.
“It started to become a tsunami, certainly after [Harvey] Weinstein, and it sparked other stories in the same industry and then across all industries,” said Davia Temin, president and CEO of Temin & Co. “I think it’s settled into a new plateau, but it is certainly higher than we’ve ever had before.”
Of the 417 high-profile individuals who were accused of issues related to sexual harassment, racial insensitivity, or other misconduct, 193 were fired, and 122 were either suspended, put on leave, or are having their actions investigated. […read more]