More than four in five in-person roadshows had a member of senior management in attendance. CFOs went out on the road 45 percent of the time, while just over a third of in-person roadshows were with the CEO.
North American companies are more likely than companies in other regions to take the CEO and CFO out on the road, while Asian firms are more likely to take other management figures.
Large and mid-cap companies are most likely to take CEOs and CFOs on their in-person roadshows, while mega-cap IR teams are the most likely to go out on the road without taking any senior managers with them.
The rate of senior management attendance on virtual roadshows does not differ much from attendance at in-person roadshows. Just 17 percent of virtual roadshows were held without senior management, while CFO and CEO attendance was only slightly up on the in-person roadshow figures. There is a small, but notable, increase in the likelihood of managers other than the CEO or CFO attending virtual over in-person roadshows.
Both CEOs and CFOs attend a majority of virtual roadshows held by North American firms, while more than two fifths of virtual roadshows by Asian companies are IR-only. Mid-cap CFOs attend more than two thirds of their company’s virtual roadshows, while small and mid-cap companies have just 5 percent and 8 percent, respectively, of their virtual roadshows without any management in attendance.
