Just curious, for those saying it’s no big deal, is there a number of direct reports/ subordinates a CEO is having affairs with that would cause you to have concerns about a CEO? Right now it’s 2 known. What about 5? 10? 50? (Over decades).

What if the affair was with the executive of a customer who is also responsible for redirecting assets to a hostile nation state? Would this CEO be vulnerable to blackmail? Are you sure this is the only vulnerability he has?

Is it possible the board is now privy to details and information these employees may not know? Fiduciary duty does have a meaning.