Just come back from holidays, and I pop up in an article in the NY Times today about online sock puppetry and general astroblogging.
So, how many CEOs engage in online behaviors like Whole Food CEO John Mackey (who posted under a pseudonym about his own public company and its competitors)? More than you think.
Why? Because CEOs and other executives are very informed about the Interweb’s impact, while very uninformed about the absence of online anonymity and (to borrow a felicitious Watergate phrase) plausible deniability. It is, as ever, very hard to watch someone say critical things about your stock and not do something — Something! — about it. Just ask my friend Herb who has had a few of these adventures.
More broadly, while anti-stock-blogging/posting clauses haven’t yet hit CEO/exec contracts, they will. And soon.