Howard Hochhauser, CEO of Ancestry, eats lunch daily with employees in the break room, a practice he inherited from Ace Greenberg at Bear Stearns in the 1990s. This approach allows him to access unfiltered information and gather sincere feedback from staff on strategic decisions, such as when he announced in-person work expectations. Dutch bank ABN Amro, valued at $36 billion, also holds weekly lunches with its leadership to support the elimination of 5,200 jobs by 2028, representing a fifth of its workforce. Other executives like Tim Cook at Apple, Luis von Ahn at Duolingo ($7 billion valuation) and Chris Tomasso at First Watch (over $1 billion in annual revenue) use the same strategy to stay connected to their teams.
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