Saturday, March 31, 2012

That didn't take long: Tim Cook rated top CEO

The Apple CEO nabbed the top spot from Ernst & Young CEO Jim Turley and Quallcomm chief executive Paul Jacobs.
Tim Cook is following in his predecessor's footsteps as Apple CEO.

Apple CEO Tim Cook hasn't even been in his position for a year, but already, he's the business world's highest-rated chief executive, according to a new study.

Careers site Glassdoor announced today that Cook received a 97 percent approval rating from employees over the last year, beating out Ernst & Young CEO Jim Turley and Qualcomm chief executive Paul Jacobs, who each scored a 95 percent approval rating. American Express CEO Ken Chenault and Google's Larry Page rounded out the top five with 94 percent approval ratings.

Surprisingly, Cook was able to beat out his predecessor and Apple co-founder Steve Jobs in approval ratings. During the 12 months ended March 15, 2011, Jobs was only able to muster a 95 percent approval rating among employees. However, Glassdoor also said today that when Jobs stepped down as CEO last year, he had the same 97 percent approval rating Cook now has.

Aside from Cook's high approval ratings, it's worth noting that HP's new CEO Meg Whitman appears to be turning things around. Last year, her predecessor Leo Apotheker scored a 67 percent approval rating. In Glassdoor's latest study, Whitman jumped 13 percent to land at 80 percent.

Glassdoor's study is based on ratings employees have handed down on their CEOs over the 12-month period ended March 15. Ratings are based on a five-point scale ranging from "strongly disapprove" to "strongly approve."

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