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This content was originally published by Strategy & Business. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Strategy & Business
Attorneys are predicting that COVID-19 lockdowns will lead to more divorces. Boards should be aware that when CEOs get divorced, there's an immediate impact on the corporate bottom line. The newly separated leader becomes more cautious, but at the same time, his or her salary increases, according to new research. This could potentially lead to missed investment opportunities.