News Archive
London, November 11, 2024: International demand for CFOs at record levels – For the second consecutive year, CFOs are more in demand than CEOs – Shepard Fox helps promote the Global CFO Turnover Index
CFOs (Chief Financial Officers) of publicly traded international companies are stepping into the spotlight. Once overshadowed by CEOs, CFOs are now more in demand than Chief Executives, with global interest in financial executives reaching record levels for the second year in a row. By the end of Q3 2024, companies within the top twelve global stock indices had appointed 224 new CFOs, nearly matching the previous year’s 233. In comparison, only 161 CEOs were appointed in the same period this year, nearly a third fewer. This trend is highlighted in the Global CFO Turnover Index, tracked by Russell Reynolds Associates, a leading leadership advisory.
Shepard Fox supports Russell Reynolds in promoting the findings of the Global CFO Turnover Index. The international PR agency assists in analyzing the data gathered for the Index, helping to distill it into key messages for corporate communications, including web content, social media posts, and press releases that highlight country-specific insights. Media relations support includes drafting and distributing press releases, arranging media interviews, and monitoring media coverage.
Munich/Austin, July 9, 2024: Bosch adds Eagle Eye Networks as global partner for security systems – Shepard Fox supports the tech company in making global announcements of acquisitions as Bosch expands its building tech business
Technology company Bosch is currently expanding its Energy and Building Solutions division significantly by buying or partnering with other technology leaders in that field. Today, Bosch announced a new partnership with Eagle Eye Networks from Austin, Texas, specializing in AI-enabled and cloud-based video management systems, as AI is rapidly changing how companies are approaching security, and the increasing importance of video data for security applications is driving the trend of connecting cameras to the cloud.
Shepard Fox Communications, a global PR agency specializing in providing communications support for tech companies, is supporting Bosch in announcing these acquistions and partnerships by providing media relations support. This includes the creation, translation, and distribution of the respective announcements across all relevant media channels.
Bosch & Eagle Eye Networks partnership
London, July 3, 2024: For the first time, the proportion of women on Germany’s top supervisory boards reaches the 40% mark – Shepard Fox supports executive search firm Russell Reynolds in promoting results of its research studies
For the first time in history, the total proportion of women shareholder representatives in the supervisory boards of the 40 largest German listed companies reached the 40% mark. In 25 out of 40 DAX companies, the proportion of women is now at or above 40%. SAP and Adidas have fallen below the legally required 30%. Despite the DAX 40 approaching the 40% threshold, compared with other major European stock indices, it sits in the middle of the table. France tops the list with women holding 46% of their board seats, followed by Norway, Italy, the UK, Denmark and the Netherlands. Germany is in seventh place, ahead of Spain, Finland, Sweden and Switzerland.
For the past 14 years, the executive search firm and leadership consultancy Russell Reynolds Associates has been conducting this analysis for Germany and other countries. Shepard Fox Communications has been supporting Russell Reynolds for the past six years by promoting its research papers and international surveys on leadership topics through media relations. This includes developing media content from the studies and surveys, such as press releases, social media posts, and content for the company’s website. Additionally, Shepard Fox supports Russell Reynolds in arranging media interviews and creating and placing thought-leadership articles.
Study on Diversity and Female Representation on Boards of German Top Companies
Wroclaw, Poland, April 11, 2024: Global insurer AXA XL celebrates its 10th anniversary in Poland – Shepard Fox organizes international anniversary event on sustainability for clients, NGOs, employees, media
AXA XL, the speciality insurance division of global insurance leader AXA, has been celebrating the 10th anniversary of its operations based in Wroclaw, Poland, with an international event attended by 600 guests that included policy makers, clients, employees, journalists, climate activities, artists as well as representatives of the local government. Since climate risk management is part of the core service offering of AXA XL, “valuing nature” was the overall theme of the event, with a focus water issues. Throughout the event various aspects of the need to better protect our water resources were highlighted in presentations and panel discussions that included NGOs, climate activists, AXA climate and sustainability experts as well as the creators of the documentary “Until the last drop”, which was also shown during the event. – Shepard Fox supported AXA XL over the last year in developing the concept for the event, in planning the event, as well as with the operational event management including speaker recruitment, agenda setting, securing the venue, inviting the guests, organising catering and transportation. Besides the event management, Shepard Fox was also in charge of public and media relations that included press releases, interviews, and the placement of by-line articles.
AXA XL on how water risks impact organisations
London, February 1, 2024: Over a quarter of global CEOs to exit firms in 2023 were fired – Shepard Fox helps promote global CEO turnover index
More than a quarter of CEOs who left global listed companies in 2023 were dismissed as the challenges facing top business leaders are mounting. Analysis from leadership advisory firm Russell Reynolds Associates showed that 178 chief executive roles changed hands in 2023, 10% of CEOs of firms across 12 international stock markets, a record figure showing that pressures on CEOs today are multiplying, from driving net-zero to inflationary, supply chain and geopolitical pressures. The analysis also found that women chief executives are being fired at a much higher rate than their male counterparts leading to a gap in average CEO tenure of 8.7 years for men versus 4.1 years for women. The report also showed that for gender parity at the current growth rate of female CEOs it would take 80 years. – Shepard Fox Communications supports Russell Reynolds Associates in developing media content by editing and localizing the results of their analyses, studies and surveys into thought-leadership pieces, press releases, web content, and social media posts. The support provided by Shepard Fox also includes reaching out to journalists and arranging and managing interviews as well as monitoring media and preparing media coverage reports.
Davos, January 15, 2024: Record attendance of World Economic Forum WEF demonstrates importance of face-to-face communication – Shepard Fox helps companies set up personal meetings and media interviews
This year, more political leaders and business executives from all over the world than ever before are meeting in Davos at the World Economic Forum WEF. This shows that despite all the possibilities of online meetings, face-to-face conversations are still irreplaceable for finding answers to the most pressing issues of our time, and for “rebuilding trust” – the main theme of Davos 2024. Of course every political and business leaders wants to make to the most of his or her time in Davos and make sure to meet the right people and attend the right session. That is why Shepard Fox Communications helps CEOs have personal meetings with people most relevant to them, give presentations, and meet journalists for interviews while they are in Davos. The support includes managing the schedule and the preparation of presentations and Q&A for media interviews as well as summaries of key take-aways for social media postings.
POLITICO coverage of Cryptocurrency industry at Davos annual meeting
REUTERS coverage of AI buzzing Davos
London/New York/Munich, October 2, 2023: How does AI affect you? Shepard Fox helps companies communicate how they are adopting AI, how it changes their businesses, and how clients benefit
Although algorithms and machine learning have been around for decades, the recent progress in artificial intelligence (AI) illustrated by the introduction of ChatGPT has thrust the conversation about AI into the spotlight, given the technology unprecented attention by the public, by businesses, and policy makers, and media. Generative AI generates the need for companies to explain what it means for their business models, and how they plan to adopt it to gain a competitive edge. Policy makers and the greater public want to understand and discuss the risks and benefits. – Shepard Fox helps companies position themselves with regards to AI, making sure they are part of the conversation, and the impact of AI on their business, their products and services is properly understood. Shepard Fox supports a broad range of companies and industries in leading the conversation about AI – from technology companies like Bosch that are integrating the latest AI in their products, and want to explain how users of their products benefit from AI, to consultancies, like executive search company Russell Reynolds, that is asked to predict how AI changes the way companies are led, and what qualifications future leaders need to have to fully exploit the potential of AI. The support provided by Shepard Fox consists of editing thought leadership articles, organizing expert panel discussions, and creating the content around launches of products that are AI enabled – from social media posts to web content and press releases.
Video Analytics: Shepard Fox helps Bosch explain the benefits of AI via social media and web content
Audio Analytics: Shepard Fox helps Bosch explain the benefits of AI via social media and web content
London/Munich, May 30, 2023: For the first time, more women than men were elected to German supervisory boards – Shepard Fox supports U.S. top management recruiting firm Russell Reynolds in promoting studies and surveys on executive leadership trends
This year, for the first time in the history of Germany’s most important stock market index DAX, more women than men were elected to the supervisory boards of Germany’s 40 largest listed companies: 55% of all newly awarded mandates went to women. In total, this highest increase within one year since 2016 means that the proportion of women on DAX 40 supervisory boards has reached a new all-time high of 37.8% This is shown by an analysis by leadership consultancy Russell Reynolds Associates. It is an example of a local study the recruitment firm publishes on a regular basis in addition to a wide range of global studies on leadership trends and surveys among top executives, like the Global Leadership Monitor. – Shepard Fox supports Russell Reynolds in summarizing the results of their research, preparing the media content, and communicating the findings to clients, media, and the greater public. This is done via social media posts, press releases and media interviews with the Russell Reynolds consultants authoring the respective studies and surveys.
Example of German media coverage of a Russell Reynolds study
Global Leadership Monitor H1 2023
Paris/Munich, January 10, 2023: Innovation in hydrogen – Shepard Fox helps promote joint study by the International Energy Agency IEA and the European Patent Office EPO via pan-European media relations campaign
Hydrogen – it might be key to reducing CO2 emissions and combatting climate change. If hydrogen is going to become a major source of clean energy depends on progress in its production, storage, and distribution. The International Energy Agency IEA and the European Patent Office EPO have for the first time analyzed the progress in hydrogen technologies by looking at innovation in this field, measured by related patents. It turns out that innovation in hydrogen is shifting towards low-emission solutions, with Europe and Japan being in the lead. – Shepard Fox Communications is supporting the IEA and the EPO in promoting the findings of the study by turning the complex study into media content apt and interesting for general media and the greater public. This comprises the creation of local press releases and social media content for various European countries in the respective languages, the distribution of content across different channels and markets as well as setting up media interviews with experts in this field and answering media requests from around the world.
Munich, June 21, 2022: Shepard Fox helps promote the winners of the 2022 European Inventor Award via media relation campaigns in the U.S., Canada, Spain, Switzerland, Hungary, Estonia, Belgium, and Brazil
Today the winners of the 2022 European Inventor Award, Europe’s most prestigious innovation prize, have been announced during an Award Ceremony that was streamed live and followed by viewers from all over world. The winners were recognized for their innovations in the fields of medical technology, cancer research, energy storage, green industry, biotechnology, menstrual hygiene and waste management. For the tenth time in a row, Shepard Fox Communications has been commissioned to promote the Award and the finalists that were nominated for the Award as well as their inventions and the benefits they generate for individuals and society. Shepard Fox launched media relations campaigns in the home countries of the winners which included the U.S., Canada, Brazil, Spain, Switzerland, Belgium, Hungary and Estonia. The campaigns generated media coverage across all media genres and channels including newswires, TV, radio, print, online, blogs and social media.
European Inventor Award 2022 Highlights
European Inventor Award 2022 Complete Ceremony
