Tue, 13 Jan 2026
More bosses are sharing the top job giving them more time for family and breaks.
More companies are adopting a co-CEO leadership structure, with over 24 major US companies having appointed two CEOs in 2024, up from 11 in 2015.
Benefits of co-CEOs include:
* Divided responsibility and accountability
* Ability to take time off without jeopardizing the company
* Playing to each other's strengths and weaknesses
* More family-friendly policies
Examples of successful co-CEO partnerships include:
* Pippa Begg and Jennifer Sundberg at Board Intelligence, who took shared maternity leaves and credited their partnership for not compromising their jobs or business.
* Dhruv Amin and Marcus Lowe at Anything, a startup that allowed them to take paternity leave without impacting the company.
* Denise Johansson and Monika Liikamaa at Enfuce, who coordinated family time with work responsibilities.
However, challenges associated with co-CEO partnerships include:
* Power struggles and misalignment in vision
* Confusion amongst the wider company
* Difficulty establishing a partnership between two unknown individuals
Business consultancy Korn Ferry notes that co-CEOs tend to work best at independent companies without complex structures, and with two people who have already worked together.
The co-CEO model is still not widely adopted, but it's seen as a potential solution for succession planning and expanding the roles of high-potential leaders.
>>
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025