key person risk

key person risk (countable and uncountable, plural key person risks)

1. (business) A risk carried by an organization that depends to a great extent on one individual for its success.
   • 2015 July 14, Matt Vickers, “Managing Key Person Risk”, in Dynamic Business:

     The most notable examples of key person risk occur in some of the world’s largest companies.

   • 2018 February 25, Shuli Ren, “Xi's the Key-Person Risk for Emerging Markets: China's president may be around for a long time. There are two ways of looking at that .”, in Bloomberg:

     Are we being too complacent in a space that now has one key-person risk?

   Synonym: key man risk

• key person insurance