Best Value CEOs: a Forbes.com Special Report.Business Editors NEW YORK--(BUSINESS WIRE)--May 2, 2001 Everyone knows that chief executives make big money. But with the average Forbes 500s Forbes 500 Forbes magazine's list of the largest publicly owned corporations in the United States according to sales, assets, profits, and market value. Forbes 500 The annual listing of the 500 largest publicly traded firms published by CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. pulling in $5.6 million per year over the last five years, it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have fair to ask who delivers the most for the money. In this special report, "Heroes or Zeros? Best Value Bosses," edited by Forbes Forbes , B(ertie) C(harles) 1880-1954. American publisher and businessman who founded and edited (1916-1954) Forbes magazine. His son Malcolm Stevenson Forbes .com Staff Writer Matthew Matthew one of the twelve disciples. [N.T.: Matthew] See : Evangelism Herper, the answer may surprise you. Visit www.forbes.com/valueceos for the full story. Some Highlights: - The best value was Warren Buffett, who earned only $500,000 over 5 years while his company had a five-year total growth rate of 26%. That means he was paid only $19,000 for each annualized and compounded percentage point of growth. - Other CEOs providing top value are co-founders of their companies. Eli Harari of computer memory company SanDisk, and Dane Miller of orthopedic products maker Biomet, once worked for industrial giants Intel and Bayer, but decided they could do better on their own. - Some CEOs, like Disney's Michael Eisner and Citigroup's Sandy Weill, may be overpaid. Citigroup performed well, but Weill was, with his $785 million payout, still one of the worst values in CEOs. Eisner received $737 million and Disney didn't even perform that well. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion