Skydiving, Mountain Climbing and Other Ways Execs Terrify Their Shareholders

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Skydiving, Mountain Climbing and Other Ways Execs Terrify Their Shareholders
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A CEO who lost his arm while skydiving says the daredevil tendencies that disrupted his career were also the secret to his success

I’ve been a Mount Everest junkie since college, and the 11 deaths there this season got me wondering about risk and death and, oddly enough, the fiduciary responsibility that corporate leaders have to stay alive.

When I saw those photos of climbers lined up above 28,000 feet waiting for hours to summit the Earth’s highest peak, I thought of Walmart Inc. Chairman Greg Penner, whose successful ascent of Everest I wrote about last year. Now I wondered if any directors objected, or did they simply hand him a puffy, blue Walmart...

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