Leadership/Management

4 Companies with Successful Co-CEOs

Recently, the two CEOs of RIM stepped down and handed the top spot over to former COO Thorsten Heins. Just because the company is moving from two CEOs down to one, it doesn’t mean that a CEO partnership can’t work. The fact that Jim Balsillie and Mike Lazaridis are stepping down, doesn’t mean that two chief executives don’t work. After all, the did spend 20 years working side by side.

Forty-four U.S. companies in the Russell 3000 already have co-CEOs, and 48 companies outside of the U.S. have moved to the co-CEO model, according to a GMI study.

There are other successful companies who have co-CEOs. Four Companies with successful co-CEOs are:

CLICK HERE TO START THE SLIDESHOW»

Chief Executive

Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.

Next The Perils of Scientific Illiteracy »

Previous « Pitch Battle: Beware the Sports Metaphor

Published by

Chief Executive

14 years ago

From $1,300 Startup To Behavior-Change Powerhouse
Through behavioral science, data-driven creativity and a culture that champions female leadership, Tim Berney and…
The C-Suite Superpower You’re Most Likely Missing
As leadership visibility and social influence become core business skills, a dedicated executive communicator turns…
Weakening Dollar: 5 Essential Questions CEOs Should Ask
Most American companies still treat currency as a finance issue. Treasury hedges it. Accounting reports…