Andrew Machado

Tag: steve jobs

Should the Health of Executives at Publicly Traded Companies be made public information?

by Andrew Machado on Oct.03, 2008, under Technology

In a press release today Apple Computer denied that their founder and acting CEO Steve Jobs had a heart attack. Today’s false news about Steve Jobs made me think should the healthy of executives in publicly traded companies be made public? If I am going to invest in a company I want to know as much as possible about the management and the business, but at what point do you draw the line and say that every human being has a right to privacy.

Can you imagine being a CEO, going to the doctor to find out you have diabetes then having your PR department issue a press release about it? I personally on some level think this is absurd, but if I am investing my own hard earned money I want to know that the company wont go belly up cause the CEO is sick and keeping it private. Anyone else have an opinion?

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