The Rise of the Co-CEO

There has been a recent flurry of announcements from the business press regarding the appointment of Co-CEOs. What was once an oddity is becoming more common place. A recent article by Barron’s Andy Serwer addresses this trend in the broader marketplace. I thought it would be interesting to look at how the hospitality industry is or is not embracing this movement. Of the 8,088 hotel, casino and restaurant companies we track at AETHOS, only 24 had a Co-CEO arrangement, representing less than 1% of the industry.