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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). OMB

How to fill out chairman and co-ceo

How to fill out chairman and co-ceo:

1. Start by identifying the specific roles and responsibilities of the chairman and co-CEO in your organization. The chairman typically presides over board meetings and provides leadership and guidance to the organization. The co-CEO, on the other hand, shares executive authority with the CEO and can take on various operational and strategic responsibilities.
2. Determine the qualifications and skills required for these positions. Consider the experience, expertise, and leadership capabilities that are necessary for the successful execution of the roles. This could include industry knowledge, management experience, and a track record of decision-making and problem-solving skills.
3. Define the selection process for appointing the chairman and co-CEO. This may involve conducting a thorough search and evaluation of potential candidates, including internal and external candidates. Establish criteria for evaluating applicants and conducting interviews to assess their suitability for the positions.
4. Once the chairman and co-CEO are appointed, establish clear reporting lines and decision-making frameworks. Clarify how the roles interact with each other, as well as with other key executives and board members. Clearly define the boundaries of authority and responsibility for each position to avoid any potential conflicts or confusion.
5. Develop a comprehensive onboarding plan for the new chairman and co-CEO. Provide them with the necessary information, resources, and support to quickly acclimate to their roles. This may include access to key company documents, introductions to key stakeholders, and a detailed orientation program.
6. Continuously evaluate the performance of the chairman and co-CEO. Establish clear performance metrics and goals that align with the organization's overall objectives. Regularly review their performance and provide feedback to ensure they are effectively fulfilling their responsibilities.

Who needs chairman and co-CEO:

1. Large corporations or organizations with complex structures often require a chairman and co-CEO. The chairman provides guidance and oversight at the board level, ensuring the organization operates in the best interests of its stakeholders. The co-CEO shares executive responsibilities with the CEO, helping to manage and lead the company's operations.
2. Start-ups or organizations in a growth phase may also benefit from having a chairman and co-CEO. The chairman can bring valuable expertise and connections to support the organization's growth strategies, while the co-CEO can share the workload and provide additional leadership in managing the company's expansion.
3. Companies going through a period of transition or facing significant challenges may find it beneficial to have a chairman and co-CEO. The chairman can provide stability and guidance during times of change, while the co-CEO can help navigate the organization through difficult decisions and ensure effective execution of strategies.

Overall, the need for a chairman and co-CEO depends on the specific circumstances and requirements of each organization. It is essential to assess the organization's size, complexity, stage of development, and strategic goals to determine whether such leadership roles are necessary.

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