Neil Hughes
The rankings, revealed in the January-February 2010 edition of Harvard Business Review, place Steve Jobs comfortablyin front, well ahead of second-place finisher Yun Jong-Yong of Samsung Electronics.
"The #1 CEO on the list, Steve Jobs, delivered a whopping 3,188% industry-adjusted return (34% compounded annually) after he rejoined Apple as CEO in 1997, when the company was in dire shape," the report said. "From that time until the end of September 2009, Apples market value increased by $150 billion."
The global ranking compared 1,999 CEOs that assumed their job no earlier than January 1995 and no later than December 2007. The executives had to be the head of a publicly traded company that was present on the Standard & Poor's Global 1200 or its BRIC (Brazil, Russia, India, China) 40 list at some point since 1997.
The criteria did exclude high-profile CEOs like Microsoft founder Bill Gates, who took the helm of his company well before 1995. Though he was ousted from Apple in 1985, Jobs returned to the company he co-founded in 1996, when his company NeXT Computer was acquired by Apple. When asked about Jobs in November, Gates credited him with saving Apple upon his return.
The magazine also compared its list with Forbes magazine's tally of the highest-paid CEOs, where Jobs ranked third, and Barron's 2009 list of the 30 most respected chief executives, where Jobs also appeared. While Jobs famously accepts a $1 yearly salary, he earns a great deal through stock-based compensation.
Six of the top 10 CEOs came from technology-related companies. Following Jobs were Yun Jong-Yong of Samsung (2), John Chambers of Cisco Systems (4), Jeff Bezos of Amazon (7), Margaret Whitman of Ebay (8) and Eric Schmidt of Google (9). Schmidt was a member of Apple's board of directors until this summer, when a Federal Trade Commission investigation forced him to resign. During his tenure, Schmidt accepted thousands of dollars in Apple gear, but took no pay.
In November, Jobs was given the title "CEO of the Decade" by Fortune. The magazine lauded him for making Apple a groundbreaking technology leader and the most valuable company in Silicon Valley. Jobs was also a finalist for Time magazine's 2009 "Person of the Year."
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Wesley Hilliard
AppleInsider Staff
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67 Comments
Well, obviously!
Anyone with THIS kind of attitude when it comes to tech:
http://www.youtube.com/watch?v=mOgOP_aqqtg
. . . is always someone to watch.
... Schmidt was a member of Apple's board of directors until this summer, when a Federal Trade Commission investigation forced him to resign. ...
I'm pretty sure this is false isn't it?
Isn't it the case that he was cleared of any problems, but then later *chose* to resign when Chrome came out?
All very well-deserved accolades for Mr. Jobs. Love or hate Apple, love or hate Jobs, the results speak for themselves.
Very well done, Steve!
The truly great leaders couldn't care less about any accolades or even the absence thereof. All that matters is "the game" and the next challenge on the horizon.
I'm very thankful and grateful for your many accomplishments through the products of your companies. We've all benefitted greatly.
Hope you have many more years of life and career.
It's amazing what you can do when you build a solid simple product line, with products that have great design and actually work, sell them at reasonable prices and provide good support.
ATT ... can you hear me now? Nope. Still don't have 3G.