Adam Maier Discusses Employee Vaccine Requirements in The Financial Brand

08.16.2021

Partner Adam Maier was recently quoted in The Financial Brand regarding whether financial institutions are requiring employees to get vaccinated. The article explores the issue of employee hesitancy about returning to the office due to Covid-19 concerns and the uneven employee vaccination rates. The article states that with the rise of the Covid-19 Delta variant, some of America's largest banks are extending their return-to-office dates. Maier was quoted stating that he has not encountered any financial institutions – big or small – who have required their employees to be vaccinated.

“I’m skeptical banks are actually going to [require employees to be vaccinated], given how a large percentage of their constituents are already vaccinated,” Maier stated. “I was talking to one bank the other day that said — out of their 70 or 80 employees — only about six hadn’t been vaccinated. It wouldn’t make sense to turn it into a make-or-break issue.”

As co-chair of the firm’s Banking & Financial Services division, Adam focuses his deep knowledge on the business interests and growth strategies of financial institutions and their owners. He advises financial institutions in a broad range of strategic transactions, including buying and selling banks and branches, de novo charters, forming holding companies, raising capital and reorganizations.