The Harvard Business Review (HBR) released 'The Best-Performing CEOs in the World, 2019', a list featuring top 100 Chief Executive Officer (CEOs) in the world.
About:
Since 2015, HBR’s ranking has been based not only on financial performance but also on environmental, social, and governance (ESG) ratings.
The HBR took into account three metrics for each CEO's tenure - the total shareholder return (including dividends reinvested) adjusted by country and by industry and change in market capitalisation (adjusted for dividends, share issues, and share repurchases), measured in inflation-adjusted USD.
Key Findings:
the list has been topped by American technology company NVIDIA's CEO Jensen Huang.
Among the top 10 chief executives on the list, three spots have been occupied by the Indian-origin CEOs. On the 6th spot is Adobe CEO Shantanu Narayen, followed by MasterCard CEO Ajay Banga, ranked 7th and Microsoft chief Satya Nadella on the 9th spot.
The list also features India-born CEO of DBS Bank Piyush Gupta on the 89th spot.
Amazon CEO Jeff Bezos, who has been the top CEO every year since 2014 on the basis of financial performance alone, failed to make this year's list owing to Amazon's relatively low ESG scores.
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