Overview

• Spotify named Alex Norström and Gustav Söderström as co-CEOs effective January 2026.
• Comcast promoted President Mike Cavanagh to serve alongside longtime CEO Brian Roberts, with observers highlighting succession planning as a likely goal.
• Oracle said two chiefs will replace Safra Catz, who was named executive chair, while Larry Ellison remains chairman.
• Co-CEO arrangements remain rare, yet a 2022 Harvard Business Review study found higher average shareholder returns for such firms even as other research shows no clear operating advantage.
• Governance experts say success depends on clearly defined roles and decision authority, pointing to Netflix’s role split and past reversions at SAP and Chipotle as cautionary contrasts, while investor reaction remains cautious.