Bruce Wasserstein, Steve Jobs: Are boards coming clean about CEO health?


It's a ghoulish business writing about the health of public company CEOs. Nobody likes facing illness, but even with their immense wealth, top executives all end up in the same place as every other person born on this planet.

Boards of directors at public companies are supposed to comply with disclosure laws to protect shareholders when their CEOs suffer illnesses that keep them away from their work. Unfortunately for shareholders of Lazard Ltd. (LAZ) and Apple Inc. (AAPL), the boards at these companies may be ignoring the spirit if not the letter of the disclosure laws.