Saturday 20 September 2014

Ellison Was the Longest-Tenured Tech CEO. Who Is It Now?

Photographer: David Paul Morris/Bloomberg
Larry Ellison, while CEO at Oracle Corp., during an event at the company's headquarters in Redwood City, Calif. on June 10, 2014.
When Larry Ellison announced he was stepping down after more than 35 years as the CEO of Oracle, he ended what was the longest tenure among tech chief executives, according to Bloomberg Rankings.
So who now can claim the longest-running streak? Here's the latest ranking:

One wrinkle in the latest list could be Concur. SAP, the German business-software provider, announced this week it was buying the maker of travel and expense management software for $7.4 billion. The deal is expected to close early next year.
And as previously reported, the list's new No. 1, Kotick, had a tenuous tenure last year. Activision's CEO threatened to quit if directors didn’t allow him to lead a group that helped buy out most of Vivendi’s stake in the video-game maker. It turns out that executives at Vivendi wanted to oust him. In the end, he stayed.
As the tech world turns ...
Methodology: Bloomberg ranked technology companies based on the tenure of its CEO. The list is based on the top 100 technology companies by market cap. Technology distributers were excluded from the population, but e-commerce, Internet media and Internet-based services companies were included. Tenure and total return were calculated from the end of the month when the CEO was named until August 29, 2014. If a company was not public when a CEO started, total return was calculated from the end of the month when the company first had a price.

No comments:

Post a Comment