29 Years
Home > Business > 8 Indians Among World’s Best Performing CEOs

8 Indians Among World’s Best Performing CEOs

Thursday, December 27, 2012
By A Business Reporter

Eight Indian CEOs have made it to Harvard Business Review’s (HBR) list of 100 best performing global chief executives headed for the last 17 years by the late Steve Jobs of Apple.

ITC chairman Y C Deveshwar, ranked seventh overall (Rank 7), was first among the Indian CEOs. Under his leadership, ITC saw its value increase by $45 billion.

He was followed by former ONGC’s late chairman and managing director Subir Raha (Rank 13). During Raha’s May 2001-2006 tenure, ONGC’s market capitalisation increased more than 10 times.

Reliance Industries chairman Mukesh Ambani (Rank 28), was ranked third among Indians. Under his leadership, Reliance Industries has grown to become India’s second-largest Indian company by turnover. Larsen & Toubro chairman and managing Director A M Naik (Rank 32), came next. Under Naik’s leadership, the company has expanded its horizons beyond domestic frontiers, positioning itself to become a true international player.

Former Bharat Heavy Electricals CMD A K Puri (Rank 38) is ranked fifth among the Indians. He is followed by Bharti Airtel chairman, Sunil Bharti Mittal (Rank 65).
Jindal Steel & Power CEO Naveen Jindal (Rank 87) is ranked seventh among Indians. He is followed by Former SAIL chairman, V S Jain (Rank 89).

On an average, these CEOs have delivered a total shareholder return of 1,385 per cent during their tenures and increased their firms’ market value by $40.2 billion (adjusted for inflation, dividends, share repurchases, and share issues). Jobs of Apple, who has been the best-performing CEO over the past 17 years was number 1 on HBR 2010 list as well. From 1997 to 2011, Apple’s market value increased by $359 billion, and its shareholder return experienced average compound annual growth of 35 percent.

Jeff Bezos of Amazon.com has now climbed to the number 2 spot, up from number 7 in HBR 2010 list. Under his leadership, the company delivered industry-adjusted shareholder returns of 12,266 percent and saw its value increase by $111 billion.

The highest-ranked woman on the list is Meg Whitman, currently the CEO of beleaguered HP, whose performance as the CEO of eBay from 1998 to 2008 earned her the number 9 spot.
 

Facebook
COMMENTS
No Comments Posted
POST YOUR COMMENTS
Name:  
Email:    
Comments:
 
City news
CP’s special squad bust international cricket bet
The civic education department which failed to pr
NGO which organised the health camps said 20 ...
After I started a serious relationship with my fi
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Astrology
Select Sun sign:
 
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)You have many options coming your way today. Do not be in a hurry to accept the first one that comes along. Your subordinates could give you a trying time. Try to seek the help of a family member or friend. Perhaps your reactions are not warranted given the circumstances.
Tarot for Love
Select Sun sign:
 
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)What the cards say: The Wheel of fortune is spinning in your favour Path: Explore new solutions to old problems. Don’t be anxious or in a hurry. Take things easy Ally: Taurus will show you how to be peaceful. Avoid Gemini who will show you sophistry of thought and confuse you Card for the week: Tarot key no III The Empress. All good things, lovely and beautiful things, will come to you in abundance
- Advertising -
As we come to the end of another calendar year, a
Gansu province located in the North West region o
Leading consumer electronics brand with the large
Read More