yesterday, Spotify The founder and CEO Daniel Eck announced that he will step down In the new year. Two senior executives will take over, Gustav Södström, Senior Product and Technology Official, Alex Norster, Chief Business Officer, Participated in place.
Through this news, the Music Streamer team became the third company to choose the Co-CEO track within slightly over a week. A few days ago, on September 29, Pom He said that her CEO Brian Roberts will be Join Michael CavanageThe former president, in January. (The arrangement is read as part of the caliphate plan.) And on Oracle A week ago, Previous Seo Safra Katz He moved to the role of the Vice President, and replaced by Clay Majorek, former head of the infrastructure of Steil Oracle, and Mike Cecilia, who was previously running Oracle industries.
The trio of ads was great, indicating a small direction: Leaders Al -Zawiya office sharingPreviously practicing more common for private stock companies and many extremist values, such as Netflix. It is worth noting that all members of the Co-CEOS gang are men.
This is not a big surprise: men dominate Cuites and CEO JOB in Corporate Americana. Men who have won new roles this month may be better or more clear in peer groups. However, when companies choose to double the number of people who hold the supreme title, one may assume that it will improve the possibilities that women will be used for this position. At one time, before DEI became an existing topic, companies described the pride of their gender diversity in driving.
But Fortune found that CO-COO pairs between the sexes between the sexes are very rare, recently and historically. Although women participating are not moderate among startups that have been established, female joint females are rare for women who run individual companies.
In numbers
Here’s what the data shows: From Fortune 500 companiesWomen only lead 11 % of women’s organizations – although one out of 10 is a high point after years of slow progress. our Fortune 500 Europe and Fortune 500 Global Lists also show that women are lagging behind men in the position of the CEO, as women run only 6 % of companies in both classifications.
When we looked back in Fortune 500 data on CO-CEO settings that extend until 1998, we only found three examples of associated executives who included women. We were unable to find any examples of two women who share the position of CEO of Fortune 500.
For decades, Herbert and Marion Sandler, a couple, Ran west of Mali Before purchased by Wachovia in 2006. Inteland Two Co-Coos two This year, during the three -month gap between the departure of the CEO last December and the appointment of a new leader in March. In Oracle, Safra Catz and The Late Mark Hurd Share CO-COO job For a period of five years, from 2014 to 2019, when Matt Hurd From a disease that has not been revealed. (One Warning: This depends on data from the Fortune Fortune 500 classifications, which provide footage of corporate leadership at the time of publication. If other women are set in short Co-CEOS roles among our publishing dates, we may miss them).)
All over the world, there are other examples: the UK store In 2022And the husband shared the job for two years, and the leader of the German software Bait The appointment of the executives is mixed between the sexes In 2019 Who worked together for one year before Advocated issues With no organization, it led to split. Either way, the participating women left, and the men remained as a single executive.
“The male virgin fights it”
The results we have reached reflect a problem with the well -covered driving line luck Over the years: Women still do not sit in the strongest roles within C-SUITE, that is, the jobs of the financial manager and CO, which are likely to produce senior executives in the future. The councils and executives do not do enough to put women on the road to the higher function. The few women who break down to hold roles such as CMO, CMO or General Adviser.
At Free Float Analytics, an independent research company that studies councils and executives, analysts Matt Muscardi and Damion Rallis analyzed women in C-SUITE and on the paintings of many companies that are publicly published this year. like luck Firstly I mentionedThey found what they called “BRO IPO” this summer with women who represent only 11 % of 205 executives in leadership roles listed in public subscription files in the first half of August. Return, they saw the same direction When they looked In subscriptions, subscriptions for the first seven months of 2025.
According to their analysis of securities files, 86 % of executives in companies that submitted the public to the public in that time period are men, which is a significant increase compared to 2024, where men made up 63 % of the executives of companies that have been the first time in trading. (They found one pair at CO-CEO in public subscription data. CO-CEOS was both men.)
Rales notes that in many cases, CO-CEOS is mainly competing for a founder who is still a force or former CEO. In Spotify, EK moves to the position of CEO, Meaning that it will You have the final control of the main decisions. Larry Ellson, co -founder of Oracle and one of the richest people in the world, is still president of Oracle Corporation and chief technology employee. Rales says, “They do not give up control, and adhere to the preservation of order and domination,” which resembles the common dates in males to “hunger games, the chief executive of the king’s entertainment.”
“I see it as male dictators with a lot of strength and ego that they allowed their male lives to fight to know who will become the best dog.”
Coco Brown, CEO of Athena Alliance, a membership organization for senior executive women, says she sees subscription subscriptions Modern data Show the woman’s strength sliding as part of a modern shift towards embracing “masculinity” in the corporate environment, The CEO of Meta Mark Zuckerberg said During his appearance on Joe Rogan experience Podcast in January.
“In part of the era, there is a violent reaction to the feeling of femininity that is brought to the workforce,” says Brown. She added that there is a feeling, saying: “We have eased the workforce and need to restore some grains and some courage.”
But it is also suspected that this set of appointments may be part of a more knowledgeable story – when a man says, “I get my comrades. I get a choice of comfort.”
This story was originally shown on Fortune.com
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