Re: How should I handle this co-director job?
Co-Director doesn't tell anyone about the two job roles, or the power split. If you were a co director of a business then you'd maybe have 49% and the other person 51% - meaning you cannot make any decisions.
In your version, what did you agree about decisions. Is he executive director to your associate director or are you equally partners? (always a bad move). If the characterisations cause script conflicts then one of you will need to capitulate. Your only way through is negotiation.
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