Feb 13, 2020 By Nina Hendy For executives, a marriage breakdown could have ramifications for a company - but how much to share and when should you step back? In January 2019, Amazon CEO Jeff Bezos took to Twitter to announce the dissolution of his 25-year marriage to MacKenzie Bezos. The tweet had been intended to steady the corporate ship, but it sparked media scrutiny about the division of the couple’s vast fortune. In 2017, Dominos Pizza chief Don Meij sold shares worth $53.8 million to “fund option exercises, tax liabilities from his options and a divorce settlement ”. There are some benefits to informing your employer and colleagues about a separation. Not every divorce will have the impact of the Bezos or Meij split, and how to handle news of divorce is an individual decision. But for executives, the toll of a marriage breakdown could have ramifications for a company. Divorce can be an emotional roller coaster, with the potential to affect decision ma
A father going through a difficult divorce while at the same time struggling with an adolescent daughter who was in and out of treatment for behavioral health issues. While at work this dad was so concerned about his daughter that he dropped everything to accept cell phone calls, no matter what he was doing. Customer feedback about the distractions was reaching his colleagues and the CEO of the company. Not only was he distracted and provided poor customer service and disruptions in the schedule, he also fell deeply behind in record keeping and paperwork. The company felt the employee was highly valued and whose performance , until recently, had been outstanding. A team made a thorough evaluation of the situation and developed this performance improvement plan: No cell phone while on the clock unless it was a call from a doctor or an emergency. A temporary reduction in helping customers to give him time to catch up on his paperwork. Counseling to help