Larry Page, Google's CEO has emerged as the 'business
person of the year' for 2014, edging past the likes of Alibaba
co-founder Jack Ma and Facebook CEO Mark Zuckerberg,
according to Fortune magazine.
Page, who is Chief Executive Officer (CEO) and co-founder of
Google, came on top in the 20 global corporate leaders' list
compiled on the basis of various factors including
company's performance, leadership style and total
shareholder returns, the magazine said while bringing out
its list.
Apart from Jack Ma and Zuckerberg, others in the race
included Apple's Tim Cook and fast food chain Chipotle co-
CEOs - Montgomery Moran and Steve Ells - and Fedex
chairman & CEO Fred Smith.
Besides, five women have made the cut to the top 20 list.
Interestingly, Amazon's Jeff Bezos, who led Fortune list in
2012, failed to make in to the top 20 list.
As Google's core business continues to thrive, Page, who
topped the list, is making "huge bets on new technology -
ingestible nanoparticles, balloons that beam down
broadband- that could define the future," the magazine
noted.
Page and his company have packed a lot of evolution into
just over 15 years of existence, it added.
The women contenders were Ultra Beauty CEO Mary Dillon,
ITT CEO and President Denise Ramos, TJX Cos CEO Carol
Meyrotwiz, Theranos Founder and CEO Elizabeth Holmes
and Williams-Sonoma President and CEO Laura Alber.
The list is based on various parameters like financial results
of the company including 12-month and three year growth
in profits and revenues, company's stock performance and
total shareholder returns over the same periods.
Besides, several non-financial elements like business
influence, leadership style, strategic initiatives played a part
in evaluation.
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