Can Personal Lifestyle be Independent of Public Life?
on November 7th, 2004 at 8:56 amRecruitment consultants say companies are increasingly asking for more in-depth background checks and research that goes beyond traditional references to help find executives with the highest professional and personal ethics. More are taking information about morals and ethics into consideration when deciding whether to hire or promote an executive.
…Nathan Chapman was sentenced to 7½ years in prison this week for defrauding Maryland’s state pension fund system and looting his three publicly traded companies, he could thank testimony from three former mistresses for helping put him behind bars.
Former Tyco CEO Dennis Kozlowski had at least two affairs with subordinates before he divorced his first wife and married his mistress, according to trial testimony. WorldCom’s Bernie Ebbers openly courted a company sales executive while married to his first wife. Enron’s Jeff Skilling, who said he left the company in 2001 to tend to “family matters,” had divorced his wife four years earlier and taken up with a co-worker nicknamed “Va Voom” around the office.
“If their life is a lie, it’s not confined to their personal life,” says DiBiagio, whose office prosecuted Chapman. “If they are lying to their wives, there’s huge potential they are also lying to their colleagues, their board of directors and potentially their auditors.” (full article)
I would like to hear you sound off on this one. Another example of this would be Bill Clinton. Many folks believed that people were just overreacting when he and Monica had their little “trisk”.
What say you?
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