CFOs Are Hanging On to Expanded Corporate Jet Perks
Brink Dickerson, a partner at Troutman Pepper, was quoted in the June 21, 2023 Wall Street Journal article, " CFOs Are Hanging On to Expanded Corporate Jet Perks."
"Going back several years, there was an anti-personal-use trend that … impacted personal use by all executives, not just CEOs," said Brinkley Dickerson, a partner at Troutman Pepper. Companies reconsidered this as the pandemic disrupted travel, he said, which has led to a "gradual increase" in CEOs' personal use of corporate airplanes.
"Then we saw a relaxing on other officers as well, with COOs [chief operating officers] and CFOs the primary beneficiaries," Dickerson said.