Management & Work

Why Are There So Many Bosses?

Despite the potential for personality or strategy conflicts, some companies see value in having co-CEOs

There’s only one Daniel Ek, pictured here on stage and on a giant screen at the Acquired LIVE event in San Francisco on Sept. 10, 2024. But his CEO role will be taken over by two people.

Photographer: David Paul Morris/Bloomberg
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In the past two weeks, both Oracle Corp. and Spotify Technology SA announced plans to replace a lone chief executive officer with not one but two new CEOs, and Comcast Corp. gave CEO Brian Roberts a co-pilot.