Apple's Steve Jobs named top CEO
The Harvard Business Review has named Apple boss Steve Jobs as the world’s best performing CEO. Notable in his absence is Microsoft chief, Steve Ballmer.
Over 2,000 CEOs from all industries around the globe were considered for the title.
According to the Review: “The #1 CEO on the list, Steve Jobs, delivered a whopping 3,188 per cent industry-adjusted return (34 per cent compounded annually) after he rejoined Apple as CEO in 1997, when the company was in dire shape.”
Jobs had co-founded the Apple brand way back in 1976, though resigned in 1985. Jobs’ return to Apple in 1997 has since seen the company’s share price double in the past year, and their focus shift from home computers to consumer gadgets such as the wildly successful iPod and iPhone.
Jobs wasn’t the only tech CEO on the list. Former Samsung Electronics Co. CEO Yun Jong-Yong was #2, whilst John Chambers of Cisco Systems Inc. was awarded fourth place.