Why most Americans dont know who runs their favorite companies

New data shows surprising low recognition of top business leaders among US citizens. While tech giants lead global markets their CEOs remain unknown to most Americans‚ affecting their role in election season

October 30 2024 , 12:11 PM  •  854 views

Why most Americans dont know who runs their favorite companies

As next weeks US elections approach business leaders keep low-key positions on presidential candidates‚ which might not matter anyway

The first paragraph shows interesting data: only 8% of Americans know Satya Nadella who leads Microsoft while Jensen Huang from Nvidia (now one of the worlds most-valued companies) doesnt even have enough recognition to measure

Some top-level executives did pick sides: Jeff Bezos Washington Post choice not to back any candidate led to subscription drops; meanwhile Elon Musk supports the Republican side through his X platform – but most big-company leaders stay quiet

Q Scores research shows a clear pattern: regular people dont track CEO activities much; however celebrities get way more attention. Stars like Taylor Swift and Beyonce (both supporting Kamala Harris) have over 80% recognition rates

Presidential endorsements do not tip the scales of an election

Jeff Bezos in his Washington Post column

Business experts suggest various reasons for CEO silence:
* Fear of political attacks
* Customer relationship concerns
* Limited public influence
* Need to keep good relations with both sides

Manhattan Institute expert Brian Riedl points out that money talks more than words: “Nobody waits for CEO picks before voting but campaign money matters.“ Meanwhile Jason Miner from FGS Global thinks famous people create more buzz than business leaders do