Hey thanks for the reply, these are excellent questions. It's hard because usually the person you want is either happily employed because they are good at their job, or retired because they were good at their job. I've been a part of 3 CEO searches for big-ish startups and it wasn't fun. There is also often a fundamental reality difference between the board, the shareholders, the employees and the world. Getting that part out of the way can sometimes in and of itself take 2-4 months depending on the company. Once you've done that, figuring out what the "type" of CEO you need can take some time, do they need public market experience, do they need a network, do they need to be technical, etc. Then you build the list, and then the job of convincing someone to take the job is often equally difficult. Re: spreading the roll across multiple people. This is what a really excellent CEO does anyway, in fact if I don't see this being done it's a massive red flag. In a great company, the CEO only has two jobs: dealing with real emergencies and being accountable to the shareholders. I think one person being held to account is extremely beneficial though, and I don't think it would be a good idea to switch it to committee, I actually think of all the things capitalism gets right, corporate structure is for the most part quite well thought out and works.