CEOs Afraid of Going Social Are Doing Shareholders a Massive Disservice

Big company CEOs are virtually invisible on social media sites. They’re not on Facebook, not on Twitter, not on Google+, not on Pinterest—they’re barely even on LinkedIn. These findings are just crazy to me on so many levels. More than half the U.S. population has eagerly embraced sites like Facebook and more than a third are using Twitter, yet only 7.6 percent of Fortune 500 CEOs have bothered to jump on Facebook, and just 4 percent have opened Twitter accounts. All in, 70 percent of big company CEOs have no presence on social networks. I know this thanks …

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