Factbox-More companies adopt co-CEO structure

(Reuters) -Enterprise software manufacturer Oracle called Insiders Clay Magouyrk and Mike Sicilia as a joint CEOS on Monday and replaced Safra Catz, called Vice President of the Board after 11 years.

Although the standard application has a single general manager, there is a handful of companies that follow the bilateral leadership structure at Wall Street and abroad.

In July 2020, when Ted Sarandos was promoted to the best work with CEO Reed Hastings at that time, he moved to a dual CEO model.

In January 2023, Hastings resigned and promoted to Greg Peters Sarandos.

Sarandos is led by content, marketing and legal business, while Peters focuses on technology, product development and operations.

In 2021, the Private Capital Company appointed joint presidents Scott Nuttall and Joseph UAE as a joint CEOS, and replaced the billionaire founding partners Henry Kravis and George Roberts.

The UAE focuses on private markets and Asian expansion, while Nuttall Credit, Capital Markets, Insurance and the company’s general balance sheet.

US HOMEBUILDER’s current chief executives are Stuart Miller and Jon Jaffe. Miller was appointed as a joint CEO to join Jaffe when Rick Beckwitt decided to resign.

Both managers shape the strategy of the company, supervise home construction operations and leading initiatives such as merger and inheritances.

The architecture and design company Gensler are managed by Elizabeth Brink and Jordan Goldstein, both appointed in 2024 and after the previous couple Andy Cohen and Diane Hoskins.

Brink and Goldstein share the responsibilities of daily operations.

In July, drug developer Thomas Desrosier and Marella Thorell took over from Eric Shaff and appointed it as a joint CEOS.

Shaff remains director at the company.

Online marketing company appointed Joseph Chalom as CEO in July with Rob Phythian, who founded the company in 2019.

Sharplink collects funds to work as a crypto treasure tool and to obtain crypto currencies, including Ether to mimic the game book of Michael Saylor’s strategy.

Bitcoin Mine Iren is directed by the founding partners Daniel Roberts and Will Roberts. Brothers serve as common CEOs.

In January 2021, the Energy Drink Maker named Hilton Schlosberg as CEO with Rodney Sacks.

(Reporting by Zaheer Kachwala, Critical Lamp and Shashwat Chauhan in Bengaluru;