For increasing his company’s market cap a whopping $150 billion in the last 12 years, Apple co-founder Steve Jobs was named the best-performing CEO in the world.
“The #1 CEO on the list, Steve Jobs, delivered a whopping 3,188% industry-adjusted return (34% compounded annually) after he rejoined Apple as CEO in 1997, when the company was in dire shape,” the report said. “From that time until the end of September 2009, Apple’s market value increased by $150 billion.”
In November, Jobs was given the title “CEO of the Decade” by Fortune. The magazine lauded him for making Apple a groundbreaking technology leader and the most valuable company in Silicon Valley. Jobs was also a finalist for Time magazine’s 2009 “Person of the Year.”
Six of the top 10 CEOs came from technology-related companies. Following Jobs were Yun Jong-Yong of Samsung (2), John Chambers of Cisco Systems (4), Jeff Bezos of Amazon (7), Margaret Whitman of Ebay (8) and Eric Schmidt of Google (9). Schmidt was a member of Apple’s board of directors until this summer, when a Federal Trade Commission investigation forced him to resign.