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CRO appointments “sign of weakness” says study

New frontiers

The appointment of a chief risk officer (CRO) might be a sign of weakness ratherthan strength, according to a study, by Robert Hoyt and André Liebenbergof the Terry College of Business at the University of Georgia. The study* wasbased on an analysis of 26 companies – 10 of which are energy companies – acrossthe US that had recently created a CRO position. Using a logistic regressionanalysis to compare the financial characteristics of those companies againstthose of a control sample of

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CRO interview: Brett Humphreys

Brett Humphreys is head of risk management at environmental markets specialist Karbone. He talks to Energy Risk about the challenges of modelling outcomes in unpredictable times and how he’s approaching the risks at the top of his risk register

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