Philandering CEOs are finally getting fired in the United States

Do cheaters make good CEOs? That is the dilemma for many companies now. — 123rf

HAVING a romantic relationship with an employee didn’t use to be a fireable offense for CEOs. They would get canned for misappropriating funds to fuel the affair, or for not fully disclosing the details to the board when they eventually got caught. But it was rarely the relationship itself that got them fired – if they even got fired at all.

It was part of the trade-off corporate boards seemed willing to make. If you wanted a charismatic and creative CEO, then the thinking went that you needed to accept the boundary-pushing, big ego, aversion to rules – and occasional indiscretion – that could come along with it.