Co-Captains. WHY?

[Strapping Young Lad]

 

[Rhayader]

Given the discussion has moved on to co-CEOs, here's an extract from Google AI:

High-Profile Corporate Examples

• Netflix (2020–Present): Reed Hastings moved to executive chairman, appointing Ted Sarandos and Greg Peters as co-CEOs to share strategic oversight and operational management.
• KKR & Co. (2021–Present): Following decades of co-leadership by founders Henry Kravis and George Roberts, the firm appointed Scott Nuttall and Joseph Bae as co-CEOs.
• Oracle (2014–2019): Safra Catz and Mark Hurd were appointed co-CEOs, with responsibilities split between operations/finance (Catz) and sales/services (Hurd).
• Vontobel (2024–Present): Georg Schubiger (Wealth Management) and Dr. Christel Rendu de Lint (Investments) were appointed co-CEOs to ensure a unified vision across different business units.
• Salesforce (2018–2020): Keith Block was appointed co-CEO alongside Marc Benioff to manage operational growth.
• Intel (2024): David Zinsner and Michelle (MJ) Johnston Holthaus were appointed as interim co-CEOs.

Key Drivers and Structures

• Complementary Strengths: In many cases, one leader focuses on internal operations/finance while the other focuses on external growth/sales.
• Mergers and Acquisitions: This model is often used to merge two companies, allowing leaders from both entities to maintain power and reduce integration friction.
• Family-Run Businesses: Companies like J.M. Smucker have successfully used this model, with Timothy and Richard Smucker acting as co-CEOs to leverage shared trust.

Limitations
While successful in many cases, the model can struggle during crises requiring rapid, singular decision-making. For example, SAP and Unilever both reverted to a single CEO model after experiencing performance issues or needing to accelerate decision-making.

Off topic, but Google AI is wrong just often enough that you have to double check what it says, making it basically worthless…

 

[unitedhawk2]

Off topic, but Google AI is wrong just often enough that you have to double check what it says, making it basically worthless…

Agreed.

The point I was trying to highlight is that the co-CEOs model in the corporate world is not too rare.

 

[Blackhawk42]

Two years ago we had co-captains at my local footy club.

The reason why it's taken me so long to remember is because absolutely nothing changed and the only reason it stopped is because one of them moved to the Gold Coast.

The Hawks will be fine.

The only thing that might change is that those more aligned with Jai's age group will be more comfortable seeking his assurances for personal matters, and likewise those a bit older seeking Sicily's.

 

[mknaven]

I don't see how it could be a bad thing - ppl are only suggesting imaginary problems. I think Newk will complement Sic's leadership style well and keeping Sic as Cap will just ease the load on Newk rather than dumping the whole load on him at once.

 

[Hawked Wings]

I think you'll find not much will change other than Jai taking a few media spots. Sicily will still do the main things and ease Jai into it until he's ready to take over and become captain by himself