When the CEO dies, what comes first: Company or family?

Source: Adobe

In the boardroom, Priya Gowda greeted four men in suits — the creditors of her husband, Partha, who had died suddenly of a heart attack 10 days earlier. She felt numb and exhausted — but also strangely reassured by the setting. The past week had been spent dealing with the funeral home, lawyers, the media, and grieving family members. She had barely slept or eaten. But here, in the headquarters of Splendid Ice Cream, the business she’d watched Partha build from a small dairy farm into a major Indian conglomerate, she felt his energy animating her.

As sole heir to his majority stake in the private company, Priya was now its de facto CEO and chairperson, responsible for a diverse portfolio that included hotels, real estate, and venture capital investments as well as dairies and ice-cream shops.

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