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Dealing with COVID-19's massive impact on employers, employee benefits, 401(k) and pension plans, health insurance, and more.

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Majority of CEOs say COVID-19 poses a large or even severe risk to their business

While many executives expect a "u-shaped" recovery, over 20 percent expect a "w-shaped" recovery, that is, with several ups and downs.

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business man balancing on high wire shaped like a W (Photo: Shutterstock)

Not only do the majority of CEOs say that the coronavirus pandemic poses a large or severe risk to their businesses, but 11 percent say it threatens those businesses’ very survival. That’s among the results of a YPO survey of chief executives globally. As might be expected, the most pessimistic outlook comes from the hospitality/restaurant sector.

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Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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