I ended 2011 by announcing my selections for Worst CEOs of 2011. The top 5 (or bottom 5, depending on how you look at it) :
5. Leo Apotheker, former CEO, H-P.
4. Graham Spanier, former President, Penn State University.
3. Jon Corzine, former CEO, MF Global.
2. Reed Hastings, CEO, Netflix.
1. Jim Balsillie and Mike Lazaridis, co-CEOs, Research in Motion.
The topic of Worst CEOs is certainly of interest to lots of people, whether they are investors, customers, employees, or anyone else out there who likes to pay attention to what major organizations are doing with their (and sometimes our) money. For that reason, it’s not surprising that my ranking, or a discussion about the worst CEOs of the year, received lots of media attention. If you want to look at some of it, see my opinion column in the New York Times, an interview with Linda Wertheimer at NPR, and interviews on CNBC (with Brian Sullivan, Amanda Drury and Herb Greenberg), and Fox Business (with David Asman). I also had a great discussion with the host of Yahoo’s Daily Ticker, Aaron Task. Finally, my own SydBlog provided additional fodder.
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