Facebook Inc (FB) Zuckerberg Replaces Apple’s Cook As Top CEO

Facebook Inc (NASDAQ:FB) CEO, Mark Zuckerberg has been named as the highest rated CEO by a careers site Glassdoor. The site surveys hundreds of thousands of employees across all industries and come out with a list of 50 highest rated CEOs.

Facebook Inc (FB) Zuckerberg Replaces Apple's Cook As Top CEO

The honor for Facebook Inc (NASDAQ:FB) becomes all more important considering a host of problems including botched IPO, several lawsuits and mixed reaction to Timeline and Graph Search. The Facebook employees gave their CEO a 99 percent approval rating for a 12 months period that ended February 24, which by the way, is 14 percent more from last year.

One of the employee of the social networker told Glassdoor that there is “mutual trust companywide and sense of community and drive, instilled by our CEO who we all truly respect.”

The list includes twenty tech CEO’s including SAP’s Bill McDermott and Jim Hagemann Snabe at 2nd place. Qualcomm’s Paul Jacobs took the 8th place with Google’s Larry Page at 11th. The 13th and 16th spot is bagged by Salesforce’s Marc Benioff and Amazon’s Jeff Bezos. Oracle’s Larry Ellison is in 46th place while Dell’s Michael Dell is at 49th place.

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook’s drop from No. 1 to No. 18 is in line with Apple Inc. (NASDAQ:AAPL) stock decline that took place since the 2012 rankings. At that time, the company’s share touched $700 and now they closed at $432.50 on Thursday.

Out of 50 only 17 CEO this year were on the Glassdoor’s report last year. Another important fact is Victoria’s Secret’s Sharen Turney is the only female CEO to make it to the list at number 42 with 82 percent approval rating. Last year, HP’s (NYSE:HPQ) Meg Whitman, was the only female CEO on the list. As per Robert Hohman, Glassdoor CEO and co-founder, the CEO’s who are clear on vision and plans to attain that vision are ones who are favored by employees.

Yankee Group analyst Carl Howe points that surveys like this always have a touch of doubt and may be biased as it represent the persons who visit the Glassdoor site.

No matter what, it’s really a big deal with Facebook Inc (NASDAQ:FB)’s Zuckerberg, just 28, to be at the top of the list while other veterans in the tech and other industries following him.

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About the Author

Aman Jain
Aman is MBA (Finance) with an experience on both Marketing and Finance side. He has worked as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, reviewing tech gadgets, playing PC games and cricket. - Email him at [email protected]

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