#co-ceo tag - Briefly

These co-CEOs can't imagine running things on their own

Companies are increasingly adopting co-CEO structures to split responsibilities and leverage complementary strengths, despite governance and accountability risks.

fromFortune

1 week ago

The rise of the bro-co-CEO | Fortune

A few days earlier, on Sept 29, Comcast said that its sitting CEO Brian Roberts will be joined by Michael Cavanagh, former president, in January. (The arrangement is being read as part of a succession plan.) And at Oracle a week before, ex-CEO Safra Catz moved into the vice-chair role, and was replaced by Clay Magouyrk, former head of Oracle Cloud Infrastructure, and Mike Sicilia, who previously ran Oracle Industries.

Business

fromFast Company

1 week ago

Is Spotify's co-CEO model a blessing or a curse?

Daniel Ek will become Executive Chairman while Gustav Söderström and Alex Norström assume co-CEO roles, formalizing an already shared leadership structure.

fromBusiness Insider

1 week ago

Spotify and Comcast are the latest to announce co-CEOs. It's a model that can backfire - or pay off big.

The percentage of companies led by co-CEOs hasn't changed much over the past five years, data firm Equilar found. It hovers around 1.2% of the Russell 3000 index, a broad measure of the US stock market. Yet more companies could adopt this structure, even temporarily, as forces like AI create a dizzying pace of change for leaders and prompt companies to rethink operations.

Business

fromFast Company

2 weeks ago

Comcast promotes Michael Cavanagh to co-CEO amid restructuring

Comcast will appoint Michael Cavanagh as co-CEO alongside Brian Roberts and spin off NBCUniversal cable channels while restructuring operations and cutting jobs.

#oracle

fromHarvard Business Review

2 weeks ago