Amazon’s Jeff Bezos Takes Dramatic Plunge Down record Of prime CEOs
On Harvard industry assessment‘s record of the best-performing CEOs, final 12 months’s No. 1 takes a dramatic tumble.
October thirteen, 2015
closing year, Amazon CEO Jeff Bezos ranked No. 1 on Harvard business evaluate‘s listing of the world’s a hundred absolute best-performing CEOs. This 12 months, alternatively, Bezos comes in at No. 87.
the rationale for this precipitous drop, HBR says, is that, in contrast to previous years’ lists, the 2015 rating judges CEOs on their environmental, social, and political influences, as well as monetary success. So whereas Bezos continues to be the highest-performing CEO in terms of financial measures, Amazon received terrible marks for social responsibility.
In up to date years, Amazon has been criticized for its treatment of warehouse employees, for the cutthroat company culture at its Seattle headquarters, and for paying low taxes in Europe.
at the top of HBR‘s checklist is Lars Rebien Sørensen, CEO of Danish pharmaceutical firm Novo Nordisk. Starbucks CEO Howard Schultz landed at No. 12, and whole foods CEO John Mackey got here in at No. 43.