Green received $935,105 last year for "personal security services," which has produced some raised eyebrows among securities analysts who can't imagine what would warrant such an expenditure.
Currently, a company having in its Articles of Association a provision that they will carry out personal security services, prior to starting activities, must obtain a license for providing security services.
Unlike corporate perks, the Internal Revenue Service exempts the value of personal-security services (including the use of a private jet) from an executive's taxable income.
The good news is that smarter thinking is combining with cheap and powerful IT to push the delivery of corporate personal-security services well beyond those traditional beneficiaries in the executive suite.In the past, firms tended to view personal-security services as a perk for high-ranking executives, says Timothy Horner of Kroll, a risk consultancy and security company.
While Senator Kirsten E. Gillibrand's bill, which would remove decision-making from the military chain of command and remove the disincentive to report crimes, should be supported by all who care about justice and the personal security of service personnel, it will not fix the problem either.
Indeed, why not take a barbarian (slave) with you for personal security – and service.
Editor's note: Avi Charkham is Head of Product & Design @ lool ventures, an early stage, value-add venture capital firm based in Israel and the incubators of MyPermissions personal cloud security service.
Editor's note: Avi Charkham is Head of Product & Design @ lool ventures, an early stage, value-add venture capital firm based in Israel and the incubators of MyPermissions personal cloud security service. .
HelpAge International meets a group of six older women who live in Iztapalapa to discuss the challenges of life there and in the city in general – which includes personal security, transportation, strained services and access to clean drinking water.
