As the year's end is inching closer, it's time for some rankings and lists to reflect on the year that was.
BBC compiled a list of the worst CEO's. The qualifying questions were:
- Did the CEO’s company suffer,
- Was the CEO culpable,
- And finally, did the CEO’s actions, or inactions, provide evidence of a significant breach in corporate governance or strategic leadership?
And the list goes... 5) Steve Ballmer, 4) Eddie Lampert, 3) Thorsten Heins, 2) Ron Johnson, and topping the list is the infamous Brazilian, Eike Batista, who lost almost his entire fortune during the last twelve months.
Great reading: BBC - Capital - The worst CEOs of 2013