Annual "Worst CEO" List Released

angry tapir writes "Zynga's Mark Pincus made the annual 'Worst CEOs' list compiled by Dartmouth College professor Sydney Finkelstein. Mark Zuckerberg of Facebook and Andrew Mason of Groupon received dishonorable mentions. Zuckerberg earned his dishonorable mention on the list partly due to his 'hoodie mentality.'"

Comments

Methodology

[phantomfive]

Here's the methodology used:

The methodology behind the list combines three factors: the firms' financial performance including stock returns and cash flow; the extent to which the CEO has behaved responsibly; and strategic leadership and corporate governance.

Also, the CEO of Best Buy got the #1 worst ranking.

Re:Methodology

[bws111]

He is not complaining about attire. A 'hoody mentality' is when you act like someone who is wearing a hoody - insulated from what is going on around you. That is a bad quality in a CEO - you need to know what is going on around you, and others need to know what you are thinking.

And actual article link:

[isopropanol]

http://www.businessworld.in/en/storypage/-/bw/who-are-the-worst-ceos-of-2012/679612.37489/page/-1

Re:Missing names

[Anonymous Coward]

Here's Elop

From The Seven Biggest Collapses in Mobile Handset or Smartphone History - this is part 3 in the Nokia Disaster analysis series

NOKIA - 2010-2012 - FELL FROM 35% to 5% in TWO YEARS - AVERAGE FALL 62% PER YEAR - IS CURRENTLY ENDANGERED SPECIES AS FALL CONTINUES
(Was ranked number 1 in market of smartphones)
Cause of death - Elop Effect ie Osborne Effect combined with Ratner Effect - resulted in instant carrier boycott and retail boycott against Nokia, these furher damaged by another Osborne Effect by Elop and yet another by Ballmer, and the purchase of Skype by Microsoft causing a Microsoft-targeted sales boycott

He's #1 in the mobile industry. #1 of losing.

Worst Tech Calls of 2012

[Anonymous Coward]

My top three are all social media related. Imagine that.

1. Microsoft buys Yammer for $1.2 Billion
"Enterprise social network" -- a solution looking for a problem. This is almost as bad an idea as Ballmer's Skype acquisition in 2011.

2. Facebook buys Instagram for $715 Million
Zuckerman didn't even ask the board. Meanwhile users are leaving Instagram like someone set the company on fire. And they're still not profitable.

3. Zynga buys OMGPOP for $180 Million
Pincus thinks he's the next EA, while the entire company rots away under him.

There are a lot more (thinking rather pointedly of AMD, Apple, Samsung, Nokia), perhaps we can compile them all here.

In the next category of 'Fiscal Buggery in Taxes':

[TiggertheMad]

And shouldn't Ballmer at least rate a dishonorable mention?

You won't see Balmer in the main annual lists, he is up for the Lifetime Achievement award...

Re:Missing names

[SalsaDoom]

I don't know. Ballmer is one of my favorite CEO's in IT today, possibly in all of IT's history. Speaking as a Linux user, I hope he stays with Microsoft for as long as its operating ;) BALLMER RULES!