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The World’s Top 10 CEOs

So we have presented the Ten CEOs in Jamaica. But who are the top 10 CEOs in the world? We did some research and came up with the following list. One invented early versions of Google while writing his dissertation. Another dreamed up the coffee giant Starbucks after experiencing the charms of Milan’s coffee-bar culture. One is the third African-American leader of a Fortune 500 company. These are the world’s top CEOs, according to a list ranking the approval ratings of each on Glassdoor.

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So we have presented the Ten CEOs in Jamaica. But who are the top 10 CEOs in the world? We did some research and came up with the following list. One invented early versions of Google while writing his dissertation. Another dreamed up the coffee giant Starbucks after experiencing the charms of Milan’s coffee-bar culture. One is the third African-American leader of a Fortune 500 company. These are the world’s top CEOs, according to a list ranking the approval ratings of each on Glassdoor.

While the Businessite Top 10 list is based on financial performance, for this particular list, more than 280,000 employees were asked to answer a simple question: “Do you approve of the way your CEO is leading the company?” All of those who made the top 10 have an approval rating that tops 89%. Glassdoor is a jobs/career community that features company reviews and salary information.

#10 Blake W. Nordstrom of Nordstrom inc.
Approval Rating: 89%

 

 

 

 

 

Nordstrom’s employee handbook only contains 75 words, with this section on rules: “Rule #1: Use your best judgement in all situations. There will be no additional rules.” Mr. Blake W. Nordstrom has been the President of Nordstrom Inc. since August 2000 and also serves as its Principal Executive Officer. Mr. Nordstrom is an Officer of Nordstrom Inc. since 1991. The 51 year old CEO has been employed by Nordstrom Inc. since June 1976. He began his career working in the stockroom of the downtown Seattle store.

#9  Howard D. Schultz of Starbucks
Approval Rating: 89%

Howard D. Schultz is chairman, chief executive and chief global strategist for Starbucks. Joining the coffee chain in 1982 when it had just four stores, Mr. Schultz engineered the company’s rise and worldwide expansion. Mr. Schultz helped make the arrival of a Starbucks in a community a major event, a recognition that a town or neighbourhood was worthy of the chic Seattle-based chain

#8 Paul Martiz of VMware
Approval Rating: 90%

Born and raised in what is now know as Zimbabwe, Maritz also serves as chairman of the board of the Grameen Foundation, which sponsors third-world development projects. He was responsible for essentially all of Microsoft’s desktop and server software, including such major initiatives as the development of Windows 95, Windows NT, and Internet Explorer during his tenure from 1986-2000. Maritz was the recipient of the 2011 Morgan Stanley Leadership Award for Global Commerce, “which recognizes individuals whose personal leadership has made a critical contribution to the effective use of information technology throughout the world.”

#7 Pierre Nanterme of Accenture
Approval Rating: 91%

Pierre Nanterme is Accenture’s chief executive officer. Mr. Nanterme is responsible for managing the company, formulating and executing long-term strategies, and interacting with clients, employees, investors and other stakeholders. Nanterme is Accenture’s primary decision maker and policy maker, setting the tone for the company’s values, ethics and culture. He serves on Accenture’s Board of Directors and leads Accenture’s Global Management Committee.

#6 Paul S. Otellini of Intel
Approval Rating: 93%

Paul S. Otellini is president and chief executive officer of Intel Corporation. He became the company’s fifth CEO on May 18, 2005.  Since joining Intel in 1974, Otellini has managed several Intel businesses, including the company’s PC and server microprocessor division and the global sales and marketing organization. He’s focused on driving the company’s growth and mission to deliver innovative, energy-efficient products. Under Otellini’s guidance, Intel also aims to usher in a new era when portable wireless computing is available anytime, anywhere. The company also is focused on bringing the next billion people online with affordable computers tailored to their needs.  He is credited with launching partnership which resulted in IBM using Intel microprocessors for the world’s first personal computer in 1981.

#5 Larry Page of Google
Approval Rating: 94%

As Google’s chief executive officer, Page is responsible for Google’s day-to-day-operations, as well as leading the company’s product development and technology strategy. He co-founded Google with Sergey Brin in 1998 while pursuing a Ph.D. at Stanford University, and was the first CEO – growing the company to more than 200 employees and profitability. From 2001 to 2011, Larry was president of products. Page holds a bachelor’s degree in engineering from the University of Michigan, Ann Arbor and a master’s degree in computer science from Stanford University. He is a member of the National Advisory Committee (NAC) of the University of Michigan College of Engineering, and together with co-founder Sergey Brin, Larry was honoured with the Marconi Prize in 2004.

#4 Ken Chenault of American Express
Approval Rating: 94%

Kenneth Chenault was born June 2, 1951 in Mineola, N.Y. He accepted a job in 1981 with American Express. He rose through the ranks and implemented strategies that revived the firm in an era of cutthroat competition. By the time of his appointment as CEO and president in 1997, it was evident that he would likely be chosen as American Express’s next CEO, which he was in 2001.

#3 Paul E. Jacobs of Qualcomm
Approval Rating: 95%

Jacobs is the rare public company CEO who succeeded his father without stumbling. Qualcomm was founded by MIT engineering professor Irwin Jacobs, who developed the CDMA wireless-communication standard. Paul Jacobs is a distinguished electrical engineer in his own right, with more than 40 wireless-technology and -device patents to his name. Today, all 3G handset makers must pay royalties to Qualcomm if they want their phones to connect to CDMA networks. Sales rose 28.7% over the past year.

#2  Jim Turley of Ernst and Young
Approval Rating: 95%

James S. Turley is Chairman and Chief Executive Officer of Ernst & Young, a leading global professional services organization providing assurance, tax, transaction and advisory services. With approximately 152,000 people in 140 countries, Ernst & Young is one of the largest professional services organizations in the world.  He has worked to create a high-performance work environment with a highly visible leadership commitment to “Quality in Everything We Do.” Ernst & Young has been consistently recognized by Fortune magazine as one of the 100 Best Companies to Work For.

#1 Tim Cook of Apple
Approval Rating: 97%

Cook joined Apple in March 1998 as SVP of Worldwide Operations and also served as EVP of Worldwide Sales and Operations and was COO until he was named the CEO of Apple on August 24, 2011, succeeding Steve Jobs. Cook had previously served as acting CEO of Apple after Jobs began a medical leave in January 2011.  In early 2012, he was awarded compensation of 1 million shares, vesting in 2016 and 2021, by Apple’s Board of Directors. As of 2012, Cook’s total compensation package of $378 million makes him the highest paid CEO in the world. BM

 

 

 

 

 

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

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UK Loses S&P Triple A Rating

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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