Thought leaders in the news

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How much should we know about a CEO's health?

At the end of a marathon day in Balocco, Italy, in June, Sergio Marchionne was still going strong. Marchionne, the CEO of Fiat Chrysler Automobiles, died less than two months later. In the days after his death, the Swiss hospital where he died said Marchionne had been treated over the previous year for an undisclosed serious illness, and questions were being raised about what company officials knew. But if the FCA board knew of Marchionne's struggles — and that's not a certainty — is there a requirement to share more? Professor Sudip Datta, finance department chair at Wayne State University's Mike Ilitch School of Business, said the issue goes to privacy. "There's no requirement per se about disclosing the health of the CEO to investors," Datta said, "Just because someone is a CEO, it doesn't mean someone checks all his privacy at the door." The U.S. Securities and Exchange Commission "doesn’t say you have to disclose the private lives of the CEO or for that matter any employee," Datta said.

Fighting with your spouse can make chronic conditions worse

If you’re living with a chronic illness—as half of all Americans are—then you may want to check any unnecessary bickering. According to a recent study published in the Annals of Behavioral Medicine, the only thing worse than living with a chronic condition is fighting with your partner while living with a chronic condition. Researchers were interested in getting a better understanding of how the day-to-day interactions in a marriage impact the health of a person living with a chronic disease.
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Michigan may be on verge of drinking water crisis

Nick Schroeck with the Environmental Law Clinic at Wayne State University, says it used to be common for manufacturers to dispose of chemicals with little thought of long-term ramifications. “Back, pre-environmental law, think pre-1970s, you may have had chemicals that were just dumped out back behind the factory,” says Schroeck. ”Now we know these PFAS chemicals are very persistent in the environment, meaning they don’t break down. They’re in the environment for a very, very long time… They would accumulate over time in the groundwater plume under the soil.”