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.
So who now can claim the longest-running streak? Here's the latest ranking:
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.
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