Chipotle founder Steve Ells, left, and Monty Moran were co-CEOs until Moran resigned in 2016. Ells stepped down from the role in 2017.Having dual CEOs is more common in countries like Germany, said Bower, where "collective management is a tradition of sorts." German company Deutsche Bank had two CEOs until 2016.
For example, having two CEOs of a small business, like online eyewear retailer Warby Parker's Neil Blumenthal and David Gilboa, could help grow the company by splitting major responsibilities, according to Zenger. But it could also create problems with clients who may be confused about who to consult about a major decision.
In 2008, for instance, media company Martha Stewart Living Omnimedia named Wenda Harris Millard and Robin Marino as dual CEOs. But the arrangement dissolved in less than a year,Despite the risks, Bower thinks that the US may be gradually moving toward a leadership culture more akin to Germany's, in which co-CEOs would not be such a rarity.
Fix your link. Please
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »
See the pitch deck a first-time CEO used to raise during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Republicans weigh short-term extension for federal unemployment benefits - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump suggested Republicans could cut weekly unemployment benefits to $175 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I personally know a few people who aren't going back to work because they are making more on unemployment right now. . . Huh, and this sounds logical some how?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coca-Cola CEO says its business is still lagging even in markets that have coronavirus under controlCoca-Cola CEO James Quincey said that the company's business will likely not recover completely from the coronavirus pandemic until a vaccine or another comprehensive solution is available. It was before the pandemic. No one wants to drink high calorie drinks. Sugar is poison. Coke is the 1 polluter of plastics.
Source: CNBC - 🏆 12. / 72 Read more »
Glenn Youngkin, co-CEO of The Carlyle Group, is stepping down - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »