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20 March 2013

..Glassdoor Reveals the 50 Highest Rated CEOs for 2013

Glassdoor, a jobs and career community, has released its latest report highlighting this year's 50 Highest Rated CEOs according to employees. The five highest rated CEOs for 2013 are: Facebook CEO Mark Zuckerberg (99 percent approval), SAP co-CEOs Bill McDermott and Jim Hagemann Snabe (99 percent approval), McKinsey & Company CEO Dominic Barton (97 percent approval), Ernst & Young CEO Jim Turley (96 percent approval), and Northwestern Mutual CEO John E. Schlifske (96 percent approval).

During the past year, Mark Zuckerberg saw his CEO approval rating climb 14 percentage points to a 99 percent approval. One Facebook employee in its Menlo Park, Calif. headquarters said, "An open community from Zuck on down. Mutual trust companywide and sense of community and drive, instilled by our CEO, who we all truly respect."

Zuckerberg isn't the only CEO to see his approval rating climb over the past year. Mindtree's Krishnakumar Natarajan saw his approval rating climb 21 percentage points to 90 percent, Wipro's T. K. Kurien increased 19 percentage points to 82 percent, Amazon's Jeff Bezos saw his approval increase 13 percentage points to 93 percent approval, and The Gap's Glenn K. Murphy jumped 13 percentage points to 83 percent approval.

Seventeen CEOs on Glassdoor's 2012 report also made this year's report, including Apple CEO Tim Cook, who took top honors last year, but fell to the 18th spot this year as he saw his approval rating decrease four percentage points to a 93 percent approval. Other CEOs that saw high approval ratings from employees two years in a row include Starbucks CEO Howard D. Schultz, Goldman Sachs CEO Lloyd C. Blankfein and Nordstrom CEO Blake W. Nordstrom. CEOs new to this list include Chick-fil-A CEO S. Truett Cathy ranking 26th with a 90 percent approval rating, Victoria's Secret CEO Sharen Turney, the only woman on this year's report, ranking 42nd with an 82 percent approval rating, and Dell CEO Michael S. Dell who ranks 49th with an 81 percent approval rating.

As part of Glassdoor's company review survey, employees indicate whether they approve or disapprove of the way their CEO is leading the company. Rating and rank in the 50 Highest Rated CEOs list was determined using the average approval rating a CEO received between February 25, 2012 and February 24, 2013. More than half a million company reviews were submitted to Glassdoor over the past 12 months.

http://finance.yahoo.com/



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