In the News–Corporate Governance
How Boards Should Monitor Sexual Misconduct Claims
Nick Muscavage, Agenda, November 3, 2025
The shareholder lawsuit claiming that the board of one of the fastest-growing realty firms in the world failed to properly oversee rape allegations is a stark reminder to boards that they need to be monitoring and responding to sexual misconduct at their companies….
Once an independent investigation is started, the investigative body reports directly to the board, usually through the audit or risk committee, according to Davia Temin, president and CEO of management consultancy Temin and Company Inc.
It’s important that these investigations be conducted by an independent law firm or organization, she said. […read more]
Preventing a Crisis in Trust: How to Operate When Financial Stats Blur
Frederic Lee, Agenda, September 29, 2025
America’s corporate top brass sounded an alarm this month over President Donald Trump’s efforts to pressure the Federal Reserve to lower interest rates, according to polling from the Yale School of Management Chief Executive Leadership Institute’s CEO summit.
Some 80% of the CEOs who attended the summit said Trump was not acting in the best interest of the country in doing so.
Some 71% said Fed independence had been eroded by the Trump administration’s actions….
Experts suggest these moves could degrade trust in official data, ultimately destabilizing business. Boards rely on accurate forecasts from the Fed, BLS and other agencies to plan investments and chart the businesses they oversee along the right paths.
However, there are numerous tactics that board directors can implement in order to stabilize their businesses in times of uncertainty — and avoid a crisis of trust, sources tell Agenda.
When the legitimacy of independent institutions such as the Federal Reserve and BLS come under attack, it can be disorienting, but one tool that directors can apply is to scenario plan, said Davia Temin, president and CEO of reputation and crisis management consultancy Temin and Company Inc.
Coming up with five to 10 different possible scenarios helps companies to mentally prepare for the unknown in wake of a potential lack of credible information, said Temin. When business leaders lack access to reliable insight and data, they can’t make informed decisions, and the role of the board is to make the most highly informed decisions possible, she added. […read more]
The True Cost of Firing a CEO
Matthew Boyle, Bloomberg, August 19, 2025
When Starbucks Corp. tapped Brian Niccol as chief executive officer in 2024, it cited the “critical need for a transformative leader” in justifying the hire. If performance significantly improves, stock payouts mean the corner-office switch could cost the company $130 million.
Finding the new CEO, negotiating his or her new contract and communicating the change in leadership to investors, the media, employees and other stakeholders are tasks typically delegated to outside experts.
Clients “usually want you 25 hours a day and eight days a week,” said Davia Temin, founder and CEO of crisis-communications firm Temin & Co. A CEO ouster and replacement “will take even more time,” she added. How much more? Temin shrugged: “I can’t even begin to estimate.” […read more]
In Changing Times, Boards Are Looking for These Key CEO Traits
Frederic Lee, Agenda, August 18, 2025
CEOs who can reach across ideological differences are becoming more attractive.
Whether it be shifting trade practices, the onset and widespread adoption of artificial intelligence in the workforce or ideological tensions, the current business environment is leading boards to home in on certain select leadership traits when thinking about CEO succession.
Namely, digital fluency — and being able to capitalize on the emerging digital landscape — has skyrocketed in terms of importance, even within the last few years….
Knowing how to triumph through disruption is the key to success today, Davia Temin, president and CEO of reputation and crisis management consultancy Temin and Company Inc., told Agenda. “Whether it’s tariffs, AI, chat bots, regulatory reversals or even civil unrest, a leader earns his or her stripes by navigating profitably through the chop,” she wrote in an email.
Yet many corporate leaders claim they’re reaching a “line of demarcation,” wrote Temin, explaining that, while these folks are happy to lead through the storm, the current state of affairs is getting “too wild and crazy.” […read more]
Kiss-Cam Incident a Stark Reminder for Boards — and CEOs — That ‘Wink-Wink’ Days Are Over
Lindsay Frost, Agenda, August 11, 2025
Social media erupted last month when footage at a Coldplay concert revealed that tech company Astronomer CEO Andy Byron was having an intimate moment with Chief People Officer Kristin Cabot. But such an incident is not isolated.
Between Jan. 1, 2017, and July 20, 2025, there were 44 CEOs at Russell 3000 companies who left related to misconduct allegations, seven of which were linked to employee relationships, according to an Exechange analysis of CEO departures. Both Byron and Cabot stepped down shortly after the video made waves.
Social media and heightened employee scrutiny have made these incidents more public and thus created a bigger impact on company reputation, sources told Agenda. For boards, it’s increasingly important not only to ensure the CEO is aware of and signs policies related to employee relationships and codes of conduct broadly, but also to have strong communications, succession and other mitigation plans in place to take charge of and restore stakeholder faith in the company if such an event occurs.
“We are in a transition from the ‘wink-wink, nod-nod, just don’t let us catch you’ period to now saying, ‘If we ask our people to abide by these rules, we have to abide by them, too,'” said Davia Temin, president and CEO of management consultancy Temin and Company Inc. And it’s up to the board to lead this effort, she added. […read more]
Is the Great Remote Work Experiment Over?
Frederic Lee, Agenda, July 21, 2025
Starbucks is the latest big company to ramp up in-office requirements for corporate staff, as chief executive Brian Niccol issued a directive to workers last week raising the time required on-site to four days per week, rather than three.
A number of different work philosophies have emerged in recent years, said Davia Temin, president and CEO of management consultancy Temin and Company Inc. Temin said that when she first started working, she had one answer for every request from bosses: Yes.
But now, work-life balance concerns are shifting some workers’ approach. One such example is when workers reject certain job tasks because of personal responsibility, such as having to pick up their children from school.
Meanwhile, the debate over the benefits and drawbacks of remote and hybrid work has roiled the corporate world since companies moved large swaths of their workforces off-site during pandemic-induced social distancing measures in 2020 and 2021. When and how often to bring them back has been a matter of intense debate ever since.
Many employees at traditional industrial companies and those that produce a physical product don’t have the option of not being present, said Temin. CEOs may want white-collar workers at those companies to also come in out of a sense of fairness.
Meanwhile, CEOs of more white-collar sectors initially seemed inclined toward a flexible work setup for employees that could involve remote work, said Temin. […read more]
CEO Bravado Risks ‘Trivializing’ Geopolitical Crisis
Frederic Lee, Agenda, August 9, 2024
Tesla and SpaceX CEO Elon Musk has found a new potential opponent in the ring in Venezuelan President Nicolás Maduro, who challenged Musk to a matchup after the billionaire questioned Maduro’s proclaimed victory in his country’s recent presidential election.
The back-and-forth amounts to theatrical gamesmanship and telegraphed testosterone — similar to last year’s much-hyped showdown between Musk and Meta CEO Mark Zuckerberg — Davia Temin, president and CEO of management consultancy Temin and Company Inc., told Agenda. Yet Musk has now gone “way beyond that” in his new situation involving the Venezuelan election.
Business leaders need to take great care in terms of the weight of their words, said Temin. In the intense current geopolitical environment, it’s a time for deliberation, moderation and “trying to cool things down — not heat them up.” Boards need to think through their positions before going public with them, she said. […read more]
Bloomberg Markets: The Close 11/07/2023
Romaine Bostick, Katie Griefeld and Scarlet Fu, Bloomberg Markets “The Close,” November 7, 2023
Romaine Bostick, Katie Griefeld and Scarlet Fu bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street.
Davia Temin joins hosts Scarlet Fu and Katie Griefeld to discuss Boomerang CEOs and whether companies that bring back chief executives in the hope of fixing some problems – such as Starbucks, Dollar General, DuPont, and Disney – use a winning strategy.
JPMorgan settles with Jeffrey Epstein victims for $290 million
Nupur Anand, Lananh Nguyen, Luc Cohen and Jonathan Stempel, Reuters, June 12, 2023
JPMorgan Chase agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein’s victims, resolving a large part of litigation over the bank’s relationship with the disgraced financier.
Monday’s settlement follows months of embarrassing disclosures that JPMorgan ignored internal warnings and overlooked red flags about Epstein because he had been a valuable client.
Davia Temin, chief executive of crisis management firm Temin and Co, said settling rather than fighting to the end sends “the right message across Wall Street.” […read more]
Exclusive: JPMorgan employees gripe about Dimon’s return-to-office edict
Nupur Anand and Lananh Nguyen, Reuters, April 27, 2023
JPMorgan Chase & Co CEO Jamie Dimon sent a clear message to employees this month: get back to the office. It touched a nerve among his staff.
The largest U.S. lender’s employees inundated an internal messaging forum with criticism after its operating committee posted an edict entitled, “The importance of being together.” Some staffers pushed back, calling the message “tone deaf” and “divisive.”
In the nearly 700-word note on April 12 that sent ripples across the financial industry, the bank asked managing directors to return to the office five days a week and warned other employees working on hybrid schedules that they needed to show up three days a week or face consequences.
Davia Temin said employers may roll back pandemic flexibility and demand more in-office working as a recession looms and workers vie to keep their jobs.
“Working from home was introduced during extraordinary times and leaders have the right to change that, especially now as we are likely to be getting into a recession where profitability will be key,” Temin said. “It is not a God-given right, so it can be changed.” […read more]
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