CEOs at world’s biggest companies declare shareholder interests no longer their top priority

Financial Post | Aug 19, 2019 at 4:49 PM
  • Jamie Dimon and dozens of other leaders at some of the world’s largest companies said they plan to abandon the long-held view that shareholders’ interests should come first.
  • The 181 signatories include BlackRock Inc’.s Laurence Fink, Bank of New York Mellon Corp’.s Charlie Scharf and the CEOs of several Wall Street banks, including Goldman Sachs Group Inc., Morgan Stanley and Moelis & Co.
  • In April, Dimon challenged fellow chief executives to get more involved in social causes and public-policy matters.