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When Steve Ballmer made way for Satya Nadella at Microsoft, he had worked for 14 years at the company. Microsoft’s stock returned 0.4 per cent in the 14 years Ballmer was at the helm.
Bloomberg has compiled a list of some more successful CEOs who have stayed longer than him and have made investors rich. Let’s take a look at them.
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Lawrence Ellison
Rank: 1
Years in job: 36.7
Company: Oracle
Stock's annualised total return during tenure: 25.1 per cent
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Robert Kotick
Rank: 2
Years in job: 22.9
Company: Activision Blizzard
Stock's annualised total return during tenure: 16.4 per cent
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Steve Sanghi
Rank: 3
Years in job: 22.3
Company: Microchip Technology
Stock's annualised total return during tenure: 24.1 per cent
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Jen-Hsun Huang
Rank: 4
Years in job: 20.8
Company: Nvidia
Stock's annualised total return during tenure: 16.7 per cent
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John Chambers
Rank: 5
Years in job: 19.0
Company: Cisco Systems
Stock's annualised total return during tenure: 14.3 per cent
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S. Steven Singh
Rank: 6
Years in job: 17.9
Company: Concur Technologies
Stock's annualised total return during tenure: 9.6 per cent
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Jeffrey Bezos
Rank: 7
Years in job: 17.7
Company: Amazon.com
Stock's annualised total return during tenure: 38.9 per cent
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Scott Scherr
Rank: 8
Years in job: 17.3
Company: Ultimate Software Group
Stock's annualised total return during tenure: 20.2 per cent
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Reed Hastings
Rank: 9
Years in job: 15.3
Company: Netflix
Stock's annualised total return during tenure: 40.8 per cent
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Jim Cashman III
Rank: 10
Years in job: 13.9
Company: Ansys
Stock's annualised total return during tenure: 25.8 per cent
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Stephen Kaufer
Rank: 10
Years in job: 13.9
Company: TripAdvisor
Stock's annualised total return during tenure: 70.8 per cent