06/09/2026
Shared leadership works — but only when it's built with intention.
At Hoffer Plastics, a third-generation custom injection molder in South Elgin, Illinois, three siblings — Gretchen Farb, Charlotte Canning and Alex Hoffer — serve as co-CEOs, each overseeing a distinct domain: finance, people and culture, and operations.
The model didn't emerge by default. Years of pre-transition coaching, structured conflict resolution and values alignment shaped how they lead together under pressure.
When COVID hit just weeks after they assumed leadership, their response was direct: save everyone's job. During the supply chain crisis that followed, they didn't shut down a single customer.
Their framework rests on a few disciplined principles:
- Divide responsibilities by expertise and passion, not hierarchy
- Ground disagreement in facts, not emotion
- Use values — family, integrity, service, trust — as the decision compass
- Maintain ongoing coaching to strengthen the leadership coalition
As Alex Hoffer puts it: "Leadership is always about leading with and through other people."
The full conversation is worth the read for any leader navigating shared authority or crisis decision-making. https://www.mfgconnected.com/articles/when-leadership-is-shared-inside-a-three-ceo-model-that-works