The company founders who think th

Finally convinced it is time to step aside, company founders often decide it takes two people to fill their big shoes—despite the mixed record of companies led by co-CEOs.

- Chip Cutter & Theo Francis

Spotify's Daniel Ek is the latest to join the ranks of CEOs paired by a pair of chief executives.

Spotify’s Daniel Ek is the latest entrepreneur to be succeeded by a pair of chief executives. The music streaming giant announced Tuesday that co-presidents Alex Norström and Gustav Söderström will become its co-CEOs on Jan. 1. Oracle, founded by Larry Ellison, just announced its second pair of co-CEOs in 11 years. Comcast, too, picked a co-CEO to join longtime leader Brian Roberts, whose father founded the media company in 1963.