It's hard to point out cons, although by writing them here, I know the CEO will read them and respond, and that's almost always a good thing. One difficulty with being so forthcoming to employees is that negative feedback can get over-emphasized. This happens to the point that I fear we miss some of the positives. For example, there has been recent feedback to the CEO about perceived unfairness of the company-wide bonus structure. I suspect most employees are pleased with this structure, but those aren't the people giving feedback. While I believe that for every stated complaint, there are 10+ silent people who feel the same way, I also believe there are many more who don't have those complaints.