TJ Walker discusses the pros and cons of having co-CEOs. He states co-CEO arrangements can work but are rare, often signaling indecision to shareholders and causing daily confusion about leadership; he notes Netflix as an example where co-CEOs have worked historically.
Chapters
Can occasionally. Two CEOs. Co CEOs work. Yeah, but it's rare. It's really sending a message to shareholders in the rest of the world. We can't make up our mind. We're not really sure who should have the largest voice in our company. So you can kind of guess each day on a case by case basis, and that leads to confusion. Okay, again, I don't want to seem too dogmatic. They are companies that have had co CEOs and done extremely well. Netflix, through most of its history, has had a long part of its history, has had co CEOs, and it's worked out well.