Co-founders, family-owned businesses, and professional service firms often have this arrangement. There can only be one real head of the company, no matter what title each person has. If employees aren’t clear about who’s going to make key final decisions, it creates indecision and anxiety.
Verne Harnish (author of Mastering the Rockefeller Habits) recently wrote an article in Fortune Magazine about co-CEOs and if it really works. If you are in this situation, glance through this article for some excellent insight.