“I tell people, I don't understand why there aren't more co-CEOs,” Mellody Hobson, co-CEO of Ariel Investments, told me. “I think this is an underutilized way of leading a company.

Mellody Hobson’s resignation as lead independent director of the Starbucks Corporation Board marks the end of an era for the company Mellody Hobson, one of the most influential executives in the ...