All our directors are Co Owners in our club. Once they take the official ownership position, they go to tools and transfer ownership to the next in line. Ownership doesn’t officially change until the director receiving the email opens and accepts (that way a back up owner is always in place). IF something were to happen to the owner, the transfer just needs to be accepted.
Make sure your backup owner checks the spam email as it may be sent there.
It does help when all involved (owners and directors) are like minded in decision making. Makes no difference to us who wears the owners jacket.
For other clubs, there must be a director you trust. Transfer Ownership and tell that person not to hit the accept button until you want them to. You can always rescind that transfer before they accept if you change your mind and initiate transfer to someone else.