|[January 09, 2013]
Online Tech: Partnership 'More Powerful' With Co-CEOs
ANN ARBOR, Mich. --(Business Wire)--
Online Tech, with plans to become the largest data center operator
in the Midwest, prides itself on having ''redundant systems for
everything'' their clients need. That now includes two CEOs.
Online Tech founder Yan Ness and partner Mike Klein, taking a
five-year working relationship to the next level, are now sharing CEO
duties as the company expands across the Midwest.
"Many companies are built around one leader at the head of the
pack. We want to build a stronger, more resilient company -- with
exceptional people delivering exceptional experiences for our clients."
Ness said. "We believe partnerships that encourage everyone to
contribute their very best are far more powerful than packs where
everyone is struggling to be on top."
Building on the company's "win-win" mantra as it enters new
markets in 2013, Klein will primarily focus outward on marketing, sales,
and building relationships while Ness will focus on technology,
operations, and management.
"The Co-CEO arrangement gives us two different backgrounds and two
different sets of experiences to draw on as we continue our rapid
growth," said Klein, who has served as the CEO of two fast growing high
tech companies before joining Online Tech. He invested in Online Tech in
2008 and joined the company as President and COO. Together
with Ness, the co-CEOs have more than tripled the business over the last
The two are quick to say that co-CEOs wouldn't work for most
companies or with most business leaders. The arrangement works for them
because of their long working relationship and their complimentary "Yin
and Yang" strengths. They've learned over time that they agree on 90
percent of the key decisions and work well together "off line" on any
differences when they occur.
History is filled with famous
business partnerships (including the founders
Hewlett-Packard, Warner Brothers, Ben & Jerry, Smucker's, Google's (News - Alert) Larry
Page and Sergey Brin). Ness and Klein own equal shares of the rapidly
growing Online Tech.
Stephen Ferris, a University of Missouri finance professor,
studied companies with Co-CEOs and found
many benefits, arguing the arrangement can be "ideal in many
situations," most notably when the Co-CEOs have complimentary skills.
Ness, who has also lectured at the University of Michigan's Ross
School of Business, noted many co-CEO arrangements have failed because
co-CEOs are often competing to see who will emerge stronger. He said the
arrangement works at Online Tech because they work together as a team,
each benefiting equally and recognizing each other's unique perspectives
As a U-M swimmer, Ness said he learned the glory of being ''an
individual racing against the clock'', but it was while playing water
polo for U-M and at the national level ''where I learned the power of
team work. I felt more accomplished as an individual swimming, but I
preferred playing water polo because of what we can achieve together.''
Klein added: "The CEO role is a pretty lonely job when you have no
peer to run things by. There are some problems and some
decisions that you can't discuss with the rest of the team or your board
of directors. The combination of two experienced CEOs gives
us an unusual advantage - the ability to bounce ideas off a peer that
has the same stake in the outcome. We approach things differently, but
each bring something to the table that makes decisions better informed
with peer review at the highest level."
Disaster Recovery Webinar Series
Online Tech is hosting a three-part series of interactive,
educational disaster recovery webinars spanning several weeks in January
and February 2013. This webinar series is ideal for any
organization interested in IT disaster recovery and business continuity
planning. In the first webinar, Online Tech Systems Support
Manager and CISSP, Steve Aiello will cover an overview of business
continuity and disaster recovery with real company examples as well as
the benefits of developing a business continuity plan. Business
Continuity in Lean Times will be held Tuesday,
January 15 at 2 P.M. ET. Register
for the full series online.
About Online Tech
Tech, Michigan's largest managed data center is
becoming the largest in the Midwest, expanding into at least four new
markets. The "Fort Knox" for data is known for complete redundancy -
"backups for everything" - from multiple back-up generators and backup
systems to locations straddling two power grids and even two CEOs.
Online Tech leads in secure,
hosting services including cloud
dedicated servers, Michigan
colocation and disaster
recovery. Online Tech's Midwest data centers assure
mission critical applications are always available, comply with
government & industry regulations, and continue operating after a
disaster. Backed by independent HIPAA,
16, and SOC
2, Online Tech delivers the security, privacy, and
availability expected from world class data center operators. For more
information, call (877)740-5028, email email@example.com
or visit www.onlinetech.com.
Press Contact: April Sage, Director of Marketing,
Healthcare Vertical, 734.213.2020 x113, firstname.lastname@example.org
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