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    Thursday, June 20, 2019

    Tim Cook, Mark Zuckerberg Make Top CEO List for 7th Year in a Row

    File photo of Shantanu Narayen, CEO, Adobe, and Satya Nadella, CEO, Microsoft. (Source: microsoft.com)
    Social media giant Facebook CEO Mark Zuckerberg has dropped from his 2018 rank of number 16 to number 55 on the Glassdoor list of Top Chief Executive Officers (CEOs) in the US this year, as chosen by employees.

    A total of 27 CEOs from the tech industry made it to the job and recruiting site Glassdoor's annual list of CEOs from top companies, news website CNET reported late on Tuesday.
    According to the report, Zuckerberg lagged behind Google CEO Sundar Pichai, who also received a 94 percent CEO approval rating but came in 46th place overall.
    On the other hand, the Facebook CEO still managed to came ahead of Apple CEO Tim Cook, whose approval rating was 92 percent, securing him the 69th spot on the list.

    However, Cook is one of only two CEOs to remain in the top 100 for all seven years along with Zuckerberg.
    Other technology CEOs like Adobe's Shantanu Narayen and Microsoft's Satya Nadella bagged the coveted fifth and sixth spots in the list gaining an employee approval rating of 98 percent each.
    It may be recalled that when Glassdoor first started ranking CEOs back in 2013, Zuckerberg was ranked the number one CEO in the US, with a 99 percent approval rating.

    Top 10 US CEOs, ranked by employees:
    Pat Gelsinger, VMware Inc.
    Charles C. Butt, H-E-B
    Lynsi Snyder, In-N-Out Burger
    John Legere, T-Mobile US Inc.
    Shantanu Narayen, Adobe Inc.
    Satya Nadella, Microsoft Corp.
    Kevin Sneader, McKinsey & Co.
    Jeff Weiner, LinkedIn Corp.
    Gary S. Guthart, Intuitive Surgical Inc.
    Hubert Joly, Best Buy Co.

    In last year’s survey, Gelsinger was ranked 78. Since then, his company has become a critical component of Dell Technologies Inc., its majority shareholder. In April, Microsoft Corp. unveiled a partnership with VMware, aiming to bring more of the latter’s customers to its own Azure cloud computing service, emulating a 2016 pact with Amazon.com Inc.

    Last year, Dell, which owns more than 80% of VMware, was considering a full takeover of the software maker. Gelsinger was able to avoid a formal merger. In doing so, he shielded equity held by VMware employees. The price of independence, however, was $11 billion paid to Round Rock, Texas-based Dell in the form of a special dividend.
    “This period was accentuated by a swoon in our stock price and aggressive pursuit of our talent by others," Gelsinger wrote in an e-mail. “It was a very challenging period. We successfully navigated that uncertainty by helping our employees stay focused and continuing to execute our unique vision

    Coming in third in the Glassdoor survey was In-N-Out Burger’s Lynsi Snyder, her second year in the top 10, and the top-ranked woman CEO. Filling out the top five were H-E-B’s Charles C. Butt, T-Mobile’s John Legere and Adobe’s Shantanu Narayen. Full results can be found here.
    Of the 100 CEOs on this year’s list, 53 are making their second straight appearance, while 40 are new. The technology industry led the way, with 27 CEOs making the list, followed by the health-care industry, with 12.

    The 2019 Glassdoor Employees’ Choice Awards for the Top CEOs contains six company categories and includes reviews by employees and former employees on the website from May 2, 2018, to May 1, 2019. CEO approval ratings are determined based on the quantity, quality and consistency of reviews, according to the website. To qualify for the survey, current CEOs were required to receive 100 approval ratings and 100 senior management ratings over the course of the voting period.
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