'Two heads aren’t better than one.' In the S&P 500, few companies have co-CEO arrangements, and a number have recently abandoned the structure.
Plenty of companies have tried the twin CEO approach, with mixed results; ‘two heads aren’t better than one,’ some say
When Netflix went public in 2002, its chief talent officer at the time, Patty McCord, helped strip the company of formal time off, travel and expense policies. WSJ caught up with McCord to learn how this unconventional move helped shape Netflix culture.
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