Only one Indian CEO among top 50 global CEOs
By siliconindia news bureau
Friday,18 December 2009, 15:33 hrsComment(2)PrintForward
New Delhi: Harvard Business Review has ranked Reliance Industries' head Mukesh Ambani among top five best performing CEOs in the world.
Ambani is the only Indian CEO to be featured among top 50 CEOs, is in the same league as Steve Jobs of Apple, Yun Jong-Yong of Samsung Electronics, Russian energy firm Gazprom's Alexey Miller and John Chambers of Cisco Systems.
Not only best performing CEO, Ambani has also been ranked two among the top 10 emerging market CEOs with Miller at the top. K V Kamath of ICICI Bank is the other Indian in the list of Top 10 Emerging Market CEOs. He is ranked at number nine.
The Harvard Business Review said that it ranked CEOs of large public traded companies in a study conducted over 2000 CEOs worldwide. The entire group represented 48 nationalities and companies based in 33 countries.
Many CEOs who were most respected according to other reviews were nowhere in HBR's top 50. These include Jamie Dimon of JPMorgan Chase, Satoru Iwata of Nintendo, Sam Palmisano of IBM and Rex Tillerson of Exxon Mobil. "Some of these well-known CEOs have not necessarily done poorly; they are just not among the top performers in the world according to the total shareholder return they have delivered so far," said HBR.
CEOs like Jack Welch, Warren Buffett, Larry Ellison and Bill Gates dis not find their names in the list as HBR considered CEOs who assumed the job no earlier than January 1995 and no later than December 2007.
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