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-   -   Facebook's Zuckerberg replaces Cook as top-rated CEO (http://forums.macnn.com/113/tech-news/498943/facebooks-zuckerberg-replaces-cook-top-rated/)

 
NewsPoster Mar 15, 2013 11:23 PM
Facebook's Zuckerberg replaces Cook as top-rated CEO
Despite suffering only a tiny drop in approval -- perhaps due to <a href="http://macnn.com/rd/281182==http://www.macnn.com/articles/12/11/27/cue.said.to.be.bringing.in.new.leadership.for.maps .group/" rel='nofollow'>votes</a> from <a href="http://macnn.com/rd/281183==http://www.macnn.com/articles/12/10/29/mansfields.role.defined.others.expand.duties/" rel='nofollow'>recently-released executives</a> -- Tim Cook's rank on job and boss review site <a href="http://macnn.com/rd/281184==http://www.glassdoor.com" rel='nofollow'>Glassdoor</a> fell from the top spot last year <a href="http://macnn.com/rd/281185==http://www.glassdoor.com/50-Highest-Rated-CEOs.htm" rel='nofollow'>to number 18 on the latest list</a>. His replacement is actually three CEOs, including Facebook leader Mark Zuckerberg and SAP's co-CEOs Bill McDermott and Jim Hagemann Snabe. All three men received a 99 percent score, while Cook fell from 97 percent to 93 percent in this year's survey. The ratings are compiled from employee votes.<br />
<br />
The slight drop for Cook is probably more reflective of other companies' employees ranking their bosses higher this year, but also reflects an end to the "honeymoon" period in Cook's tenure and may also be influenced by the recent <a href="http://macnn.com/rd/281178==http://www.electronista.com/articles/13/03/06/run.up.is.based.on.expectation.of.tailwind.effect. rather.than.numbers/" rel='nofollow'>drop in AAPL's stock price</a> (though it is still up 13 percent from when Cook officially took over as CEO). Facebook has long enjoyed a <a href="http://macnn.com/rd/281179==http://www.fastcompany.com/3004541/facebook-tops-glassdoors-list-50-best-places-work-2013" rel='nofollow'>high regard</a> as an employee-friendly establishment, though Zuckerberg's rating has shot up 14 points from last year's rating -- perhaps a reflection of how he weathered the <a href="http://macnn.com/rd/281180==http://www.electronista.com/articles/12/11/14/lack.of.mass.sales.spurs.facebook.stock.recovery/" rel='nofollow'>initial stock crisis</a>. Google's Larry Page retained his 95 percent approval rating from last year, but moved down from third place in 2012 to sixth place this year, an indication of how tight the rankings have become.

The survey was broken out into both "Tech" and "Business" categories, with the Tech category hosting just the top 10 nominees while the general Business category listed the top 50. Surprisingly, Cook did not make it into the top 10 in Tech, with Zuckerberg listed at number one and the SAP co-CEOs in second place despite the tie. Cognizant's Frank D'Souza was third, EMC 's Frank Tucci fourth and Qualcomm's Paul Jacobs took fifth place. Google, Citrix, SalesForce and NVIDIA's CEOs rounded out the rest, with Amazon's Jeff Bezos ranked tenth with a 93 percent rating (also up sharply from last year).

Former Apple CEO and co-founder Steve Jobs received a 95 percent approval rating for 2011, the last year in which he lead the company. Cook took over for Jobs after he resigned for health reasons in August, and Jobs died shortly afterwards in early October of that year. Since then, Cook has increased <a href="http://macnn.com/rd/281181==http://www.electronista.com/articles/12/01/25/apple.town.hall.content.revealed.to.be.sale/" rel='nofollow'>salaries and perks</a> for regular employees, and has led the company to ever-growing record increases in sales and revenue.


 
jdsonice@gmail.com Mar 16, 2013 03:59 PM
Really?
I find it strange that Zuckerburg whose only achievement is to create a company that is a total waste of time and money and is basically smoking mirrors is considered better than Apple's Tim Cook?

I am not saying Tim Cook should be #1 but Zuckerberg? Good god! How pathetic.
 
Sebastien Mar 16, 2013 04:38 PM
It's based on employee ratings
Not actual merit.
 
Stogieman Mar 16, 2013 05:23 PM
How the hell did Paul E. Jacobs rank at #5? I guess the voters missed that terrible Qualcomm keynote at CES this year.
 
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