Harvard Business Review(HBR) published its yearly list of the 100 CEOs who have shown immense dedication to their organization.
HBR says it ranks CEOs based on financial performance as well as environmental, social, and governance measures also called “ESG” collectively.
The ESG is comprised of 20% of the total CEO score in the year past. It became more important in 2019 as ESG now comprises 30% of the total CEO score which is very important for the CEO.
HBR acknowledged that women CEOs are “underrepresented” on the ranking, with just 4 women on the list this year. It says this number is illustrative of how few women are in the C-suite and has shown low performance.
Jeff Bezos was entirely missing out on the list. Bezos took the number one spot in HBR’s 2014 ranking and has remained in the list until this year. HBR attributes his sudden downfall to a change in ranking methodology.
HBR says as the ESG now comprises 30% of the total CEO score and it proved fatal for Jeff Bezos. According to them, Amazon has a low ESG score and was cited as sustain analytics which attributes the low score to “risks created by working conditions and employment policies, data security, and antitrust issues in the organization.”
Some other CEOs included in the list have also stepped down from their roles this year which includes names like Mark Parker from Nike and Anders Runevad from Vestas.
The full ranking can be found on the HBR’s website.
In this article, we are going to tell you about the top 10 CEOs of the world for the year 2019.
So the list of best performing CEO’s of the world is listed below-
1. JENSEN HUANG, NVIDIA
He co-founded the company in 1993 and has been its president and CEO since its inception. He is among the top wealthiest Asian Americans also. Forbes listed him as the 61st highest-paid CEO in the list of U.S. He has been awarded many times with titles and awards. He is a leader who has made extraordinary contributions in the sectors of development, innovation, growth and long-term opportunities in the semiconductor industry.
2. MARC BENIOFF, SALESFORCE
He is an American internet philanthropist. He is the chairman and co-CEO of Salesforce- a cloud computing company. He has also been named as one of the Young global leaders by the Members of the World Economic Forum. He was named as one of the fortune 50 world’s Greatest Leaders for his commitment to equality for all and other social issues as CEO.
3. FRANCOIS HENRI PINAULT, KERING
Henry is the president and CEO of Kering. The company was named PPR earlier but as he moved to the luxury sector, he turned it to Kering. He launched the Kering Foundation to defend and promote women’s rights. He has been many awarded many times and held the 4th position in the best performing CEO’s in the world by HBR in the year 2018.
4. RICHARD TEMPLETON, TEXAS INSTRUMENTS
Richard is the chairman and CEO of Texas Instruments. Soon after graduation he joined TI and worked in many sectors of the company. In 1996, he focused on TI’s growth in the semiconductor business. He is a dedicated employee of the company.
5. IGNACIO GALAN, IBERDROLA
He is an experienced person who had run leading companies in state-of-the-art industrial and technological sectors. He anticipated the new needs of the different sectors. And believed in the expansion of the company internationally.He is also a visiting lecturer at universities where he loves to tell about the trends and needs of the people. He has been awarded many times.
6. SHANTANU NARAYEN, ADOBE
He is the chairman and CEO of adobe Inc. since 2005. He started his career at Apple. He also served as the director for silicon graphics.In 2011, Barack Obama designated him to be a member of his management advisory board. He was honored with India’s civilian Honour Padma Shri award in 2019.
7. AJAY BANGA, MASTERCARD
an Indian-American business executive. He is the president and CEO of Mastercard. He also served as amember of the president’s advisory committee for trade policy and negotiations in the term of Barrack Obama. He also serves as a member of the international business council of the world economic forum. He was awarded Padma Shri in the year 2016 by the government of India.
8. JOHAN THIJS, KBC
The company deals in financial services. He joined the KBC Belgium executive committee in the year 2006 and in 2009, he was appointed as the CEO of it. He had a bright academic career in his life. He had two masters relatively in applied mathematics and in actuarial sciences.
He was named as the 7th best CEO worldwide by Harvard Business Review. he has been accoladed may time with prizes and titles.
9. SATYA NADELLA, MICROSOFT
A much public figure, he was appointed as the CEO of Microsoft succeeding Steve Ballmer in 2014. Microsoft is a known company for everyone. It is in development, manufacturing, license supports and sells computer software, consumer electronics, and personal computers. Its best product windows are acknowledged worldwide. Before he was appointed as CEO, he was the executive vice president of Microsoft’s cloud and enterprise group that is responsible for building and running the Microsoft’s computing platforms.
10. BERNARD ARNAULT, LVMH
LVMH was introduced in the year 1987 and has been setting an example through its dynamic growth. It is a company which deals in consumer goods. Bernard is a business magnet and an art collector. He is the third richest person in Europe and the world. LVMH is the world’s largest luxury goods company. He was also a member of the board of advisors of the Malaysian 1MDB fund. He also invested in a variety of web companies and also invested in Netflix in 1999. Being an art collector, his collection includes work by Yves Klein, Henry Moore and Picasso, and Andy Warhol.
CEOs are the major reason for the growth of an organization. As CEOs are very sharp in understanding the needs of the market and the users. it is very necessary to do research and development before deploying a project of any sector in the market. the above 10 CEOs are an example of idols who take the organization forth.
The list of top 10 CEOs worldwide was launch by Harvard business review and it is very delighting to see that three Indian-origin chief executives have paved their way up to the top 10.