The Top Performing CEO's of Major Corporations


BPI's 25 Top CEO List

By Louis Carter


CEO Name

Company Name

Tenure

Total Revenue Increase (3yrs)

Net Income Increase (3yrs)

Key Accomplishments

Fred Smith

FedEx

8 yrs

30%

53.60%

Fred Smith has led FedEx to success through restructuring existing businesses, acquiring needed business, rebranding for company image, and new business development by acquiring new business with large organizations.

Arthur Levinson

Genentech

11 yrs

50.20%

56%

Since becoming CEO Arthur Levinson has increased total operating revenues five fold, grown market capitalization 10 fold, tripled the employee base, added two new manufacturing sites, and grown the pipeline from approximately 18 projects to more than 30.

Pat Russo

Lucent Technology

3 yrs

-17.80%

returned to profit from -2 bil. To +32 mill

Russo has sustained profitability in one of the worst periods in telecom history by: implementing a new operating model; developing a more customer - and market driven culture; winning new business in emerging markets; and expanding the role of Bell Labs with its customers.

Jim Donald

Starbucks

2 yrs

56.30%

84.26%

Under Donald Starbucks has opened 1,672 new stores that can be found in 37 countries. It is because of Donald's focus on international expansion and branding that Starbucks has achieved such success.

Robert Ulrich

Target Corporation

12 yrs

9.25%

30.80%

Under Ulrich Target has: opened more than 200 stores nationwide; created SuperTarget and Target Greatland stores to compete with rivals; consolidated the business by selling less profitable businesses; and created a new image by hiring designers.

Wendell Weeks

Corning Incorporated

1 yr

18.80%

returned to profit from -2 bil to 585 mil

Under Weeks Corning has returned to investment grade credit ratings with all three major credit agencies. Corning ended the year with more cash than debt for the first time in 25 years, grew sales by 19% and turned net profit after taxes from a $2.2 billion loss to a $585 million gain.

Kevin Rollins

Dell

2 yrs

34.90%

35%

Under Rollins Dell has diversified its PC offerings, acquired Alienware; begun using both Intel and AMD chips; and achieving industry records for shipments, revenue, operating income, and earnings per share.

Andrew Liveris

Dow Chemical

2 yrs

41.90%

160.90%

Under Liveris Dow completed a record year in 2005 in both earnings and revenues despite escalating feedstock, energy costs and 2 major hurricanes. Liveris has trimmed the debt size by $1.9 billion and has introduced clear drivers to implement the company strategy.

Meg Whitman

eBay

8 yrs

110.30%

144.90%

With Whitman as CEO, eBay has become the world's online marketplace, the number one consumer e-commerce site, launched a national ad campaign, signed alliance deals with companies such as Disney, AOL, Wells Fargo and Microsoft. And, Whitman has acquired more than 15 companies as head of eBay.

Bob Nardelli

Home Depot

6 yrs

25.75%

35.60%

Under Nardelli, Home Depot has opened more than 900 stores, acquired 21 companies, and seen their earnings per share double. Nardelli has created a plan to invest between $12-14 billion to remodel existing stores, open 400-500 new stores, and launch new retail formats to better meet the needs of their customers.

Dick Kovacevich

Wells Fargo

13 yrs

31.00%

41.00%

As CEO, Kovacevich has purchased 2 high profile companies, making Wells Fargo one of the 17th largest mutual funds managers in the U.S. banking industry. Kovacevich moved retail banking headquarters from San Francisco to Los Angeles serving LA's market's growing Hispanic & Asian communities.

Bill Sullivan

Agilent Technologies

1 yr

-28.40%

-6.30%

Sullivan has created a divestiture plan designed to help it focus on its measurement products. Sullivan has sold off Agilent's semi-conductor operations as well as its stake in Lumileds lighting and purchased Silicon Genetics and IBM's thin film transistor to focus solely on measurement devices.

Andrea Jung

Avon Products

7 yrs

18.50%

27.50%

Andrea Jung has defined Avon's vision and has revitalized its reputation as the world's foremost direct seller of beauty products while leading the company into exciting new lines of business, launching a series of bold and image-enhancing initiatives, and expanding career opportunities for women globally.

Brad Anderson

Best Buy

4 yrs

25.60%

61.70%

Under Anderson Best Buy has added new and enhanced supply chain capabilities and processes such as collaborative planning, forecasting, replenishment, and tailored market assortments. Anderson improved employee retention by 15% and has expanded both domestically and into the Chinese markets.

Jeff Immelt

General Electric

5 yrs

11.50%

9%

Immelt has invested more than $60 billion to create a faster growing company, acquired 6 companies, divided the former GE Capital into four units for investors, and sold off most of GE's remaining insurance business.

Jim Skinner

McDonald's

2 yrs

19.30%

76.80%

Under Skinner, McDonald's has generated a record cash flow and led the Dow in share-price. Skinner has worked on offering demographically correct menu options and defining the company's path to success. Skinner has been accountable for McDonald's Limited, McDonald's second largest market with almost 4,000 restaurants.

A.G. Lafley

P&G

6 yrs

30.80%

39.90%

Under Lafley, P&G has grown sales, more than doubled profits, and generated $30 billion in free cash flow. Lafley has increased R&D investment and seen 80% of initiatives succeed, and improvement of 25% over 3 years.

Ken Lewis

Bank of America

5 yrs

71.30%

52.20%

Under Lewis, Bank of America has completed a merger with FleetBoston; become the first US bank to invest directly in a major Chinese bank; and acquired MBNA corporation making Bank of America the top provider of debit and credit cards in the US. Lewis has also pushed Bank of America's equity lending to the forefront by eliminating fees and ceasing subprime lending.

John Chambers

Cisco Systems

11 yrs

-9.10%

132.50%

Under Chambers, Cisco has acquired some 23 companies; launched high speed internet access; and grown the company's market capitalization over $100 billion. In 2001, Chambers cut his salary to $1 to save jobs.

Paul Pressler

Gap Inc.

4 yrs

1%

8%

Under Pressler, Gap Inc. has generated nearly $1 billion of free cash flow; completed a $2 billion share repurchase program; eliminated $2.9 billion in debt and turned it into $3 billion in cash and investments. Pressler has created a computer system for the company with IBM and launched its fourth chain nationwide.

J.P. Garnier

GlaxoSmithKline

5 yrs

-2.50%

33.30%

Under Garnier, GSK has created the industry's largest R&D pipeline; improved access to its medicines for people who need them; acquired research operations, vaccine products; and opened a facility in Germany. Most recently GSK has created a bird flu vaccine that is on the fast track to approval by the FDA.

Michel Tilmant

ING Group

2 yrs

86.10%

returned to profit from -10bil. To +9 bil.

Under Tilmant, ING has realigned its management structure and sold its Asian equity operations along with 6 other portions of the business to focus the company on its money making segments.

Paul Otellini

Intel

1 yr

28.80%

53.60%

Under Otellini, Intel has opened a cutting edge production plant in Ireland; unveiled plans for a second plant in Israel; and designed plans to develop the company in India. Intel has competed with AMD by introducing deep cuts in price tags and developing an aggressive schedule for introducing faster Pentium models.

Anne Mulchahy

Xerox

4 yrs

0

218.30%

Under Mulcahy, Xerox has spearheaded a massive effort to regain market share and improve the bottom line. Under her leadership, Xerox began selling manufacturing operations; authorized a $1 billion repurchase in shares; and reduced company debt by $2.8 billion.

Bill Weldon

Johnson & Johnson

3 yrs

29.10%

44.65%

Under Weldon, Johnson & Johnson has achieved record financial results; invested $6.3 billion in R&D in 2005 (a $1.1 billion increase from 2004); reorganized employees based on performance; and closed on several critical acquisitions.