Quote:
Originally Posted by fp115
They all have body guards, several of them. In some cases also require chauffeurs depending on where they are travelling through. GM's executive insurance does not cover the executives if they were to use public transportation or if they are not chauffeured in certain areas. In order to remain covered it would potentially cost millions more in order to cover the executives under the company's insurance. Bodyguards are also a part of this insurance deal. Presidents from every region (Mexico, Canada, China,..) all have bodyguards and chauffeurs as well. These are reasons why it is company policy to not allow them to fly anything but privately.
What other company execs do has nothing to do with GM's insurance policy. Especially these days with the amount of people getting laid off, there are more and more people looking to find revenge. I've personally seen it and if you all think that security is not an issue, then you have no idea how crazy and deranged some people may be.
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I think it's time for GM to switch insurance companies. They should try Gieco, I hear they can save up to 15%. When it's 15% on millions, that's a lot!
Or Kwame's security team is out of work now. Rick could hire them cheap, I bet.
I realize there's risks associated with his line of work, but how is he different than the CEO of WalMart? You think there aren't pissed off ex-employees gunning for him too? Or people mad that they came into town and shut them down. Many regard WalMart as the most evil corporation in America. I think GM's travel arrangements could be made a little cheaper. I don't buy the millions dollars of insurance, since I don't see similar companies doing the same, or haven't heard of it.