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FT: "Chief Executives Have an Above Average Divorce Rate"
A recent article in the Financial Times discusses the concern that CEOs are increasingly becoming more isolated due to the demands of the role. The article suggests that this isolation can lead to a crisis of confidence that is ultimately detrimental to the CEOs professional and personal life.
Jon Moulton, venture capitalist interviewed in the article, explains that chief executives have a higher than average divorce rate and that, based on his own research, chief executives who have had one divorce perform better than those who have had none. But he also explains that performance declines when the CEOs have had two or three divorces.
The article quotes Odgers Berndtson around the topic of CEO isolation and how the fact that “the work never stops” makes it difficult for CEOs to have healthy personal lives.
