The Rise of Co-CEOs: Sharing the Burden of Being on Top

October 27, 2025
The co-CEO model has grown in popularity, with companies like Oracle, Comcast, and Spotify announcing their adoption of this unconventional strategy just a few months ago. But can two faces at the helm guarantee business longevity?
 
For boards and companies in the process of appointing a new CEO, the co-CEO structure is bound to be up for consideration. Senior Partner David Astorino shared his insights with SHRM’s John Egan in a conversation that outlines how businesses can determine whether the co-CEO model is a fit for them, what’s driving its popularity today, and what co-CEO relationships look like when splitting the responsibility of leading an organization.