Gautam Singhania recently put out a statement announcing his decision to divorce Nawaz, his wife of 32 years. Given the “unsubstantiated rumor mongering and gossip” that preceded this announcement, he requested that this personal decision be respected, allowing the family the privacy needed to sort through the various issues. We will do so.
His announcement, however, is an opportunity to raise questions regarding how ‘private’ the lives of listed company CEOs ought to be. Afterall, health issues, divorce, protracted battles with siblings, moral turpitude, regulatory misdemeanours etc. can all distract the CEO and impinge on a company’s performance.
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