Thread regarding Xerox Corp. layoffs

Full disclosure, partial disclosure or silence?

Harvard Business Review: “Not only is the topic sensitive from a personal and privacy perspective, but there is no specific rule or duty that requires disclosure of a CEO’s adverse health information—unless the executive is incapacitated. Not surprisingly, company executives and boards have chosen various approaches to disclosing high-profile health conditions. The three main paths companies have taken are full disclosure, partial disclosure and silence.”

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| 2054 views | | 5 replies (last May 12, 2022) | Reply
Post ID: @OP+1gFXgA74

5 replies (most recent on top)

If his illness is affecting the company I think it becomes a material event and has to be disclosed to the Securities and Exchange commission. But I'm in the UK and not fully familiar with US securities laws.

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Post ID: @2rbf+1gFXgA74

based on the fact they ask every employee everyday if they have covid i kind of think he lost the right to not disclose his health status

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Post ID: @2wse+1gFXgA74

I think he can do whatever he wants. He doesn’t have to disclose an illness just as you don’t have to. He doesn’t owe anyone a thing. .

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Post ID: @1icd+1gFXgA74

I wish John V well but at the same time I wish the EC would at least address the fact he does not look well. It's not a secret.

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Post ID: @1piz+1gFXgA74

Looks like we are choosing: "silence" and once again the silence is deafening.

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Post ID: @xwv+1gFXgA74

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