Pages

Monday 11 May 2015

The Most Famous CEOs of the 21st Century



The cut-throat corporate world is no place for shrinking violets.  All the same, a little humility goes a long way.  Along with oodles of ego, a successful CEO must possess creativity, conviction and leadership qualities, combined with many other attributes to achieve greatness in business.  Here we look at four of the 21st Century's best.

Indra Nooyi
Indra Nooyi is CEO of Pepsi, the second largest food and beverage producer in the world.  She ranks 13 in the 2014 Forbes list of the World's 100 Most Powerful Women.
Indra Krishnamurthy Nooyi was born on 28th November 1955 in Madras, Tamil Nadu, India, receiving a bachelor's degree in Physics, Chemistry and Mathematics, in 1974 from Madras Christian College as well as a Post Graduate Diploma in Management in 1976 from the Indian Institute of Management, Calcutta.
Nooyi began working for Pepsi in 1994, becoming President in 2001.  She has directed Pepsi's global strategy for over 10 years and led the company's restructuring, including its Yum! chain of restaurants.  She took a leading role in the acquisition by Pepsi of the Tropicana brand in 1998, as well as the Quaker Oats and Gatorade companies.   Bloomberg Business cite a 72% increase in Pepsi's annual revenues since Nooyi became CFO in 2001, with net profits doubling to $5.6 billion in 2006.  Indra Nooyi was named the Most Powerful Woman in Business by Fortune in both 2009 and 2010.  She has received honours and awards from numerous bodies, including three honorary degrees and five honorary doctorates. 

Jeff Bezos
Jeff Bezos is a well known name to executive Tony Freeman and fellow entrepreneurs.  Bezos is the CEO and founder of the global corporation, Amazon.
Born Jeffrey Preston Jorgensen on 12th January 1964 in Albuquerque, New Mexico, Bezos graduated from Princeton in 1986.  He spent a spell working in the computer science field on Wall Street before building an international trade network for Fitel.  After a stint with Bankers Trust and D.E. Shaw & Co, Bezos founded Amazon.com in 1994.
Bezos recounts that he took a cross country drive to Seattle from New York, writing up the business plan for his new company on the way.  He originally set up shop in his garage.  Bezos had quit a well paid job with a New York Hedge Fund to follow his dream after reading about the recent surge in internet use.  The growing popularity of the worldwide web coincided with a US Supreme Court ruling that mail order catalogues were not obligated to collect taxes in states where they had no physical presence.  Bezos knew he was onto a winner.  By 2011, Amazon was worth $6.5 billion, its share price rising by some 70% in a single year.
Bezos was named 2012's Businessperson of The Year by Fortune, Person of the Year by Time in 1999 and was selected by the US News and World Report as one of the US's greatest leaders in 2008.

Jack Ma
Jack Ma is an entrepreneur and philanthropist.  He is also the founder and executive chairman of the hugely successful Alibaba Group.
Jack Ma was born Ma Yun in Hangzhou, Zhejiang, China on 10th September 1964 to traditional musician/storytellers.  From a very young age, Ma wished to learn English.  He rode his bike every morning to visit local hotels so that he might converse with foreigners.  He would guide them around the local sites for free in order that he could practice his English.
Ma studied at the Hangzhou Teacher's Institute, graduating in 1988 with a bachelor's degree.  He went on to the Cheung Kong Graduate School of Business, graduating in 2006.
Ma began building websites for Chinese companies.  In 1995, he and his wife Zhang Ying went on to build a Chinese version of Yellow Pages.  Within three years, they had made $800,000 from a company they started with just $20.
Ma founded Alibaba with a group of 17 friends in 1999.  Today, the company serves over 79 million members from 240 different countries.  Ma became the richest man in China in 2014 and ranks 18 on the Bloomberg Billionaires Index with an estimated net worth of $29.7 billion.

Mark Zuckerberg
Mark Zuckerberg is the creator and CEO of Facebook.  He was born Mark Elliot Zuckerberg on 14th May 1984 in White Plains, New York.  His father is a dentist and his mother a psychiatrist.  Zuckerberg's interest in computers began at middle school.  His father began teaching him Atari BASIC Programming in the 1990s, later hiring a private tutor who called him a prodigy.  Zuckerberg took a graduate class at Mercy College whilst still studying in high school.   One of his early networks was ZuckNet, a platform linking the computers in his parents' house to his father's dental surgery.  Whilst still at high school, he programmed the Synapse Media Player ,which achieved a 3 out of 5 rating from PC Magazine.
Zuckerberg's time at Harvard is the focus of the 2010 movie, The Social Network.  He studied computer science and psychology.  It was here that he wrote CourseMatch, a programme which allowed students to see which classes other students had selected, thus helping them to choose their own classes according to their affiliations and study groups.  Shortly afterwards, he wrote a programme called Facemash, encouraging students to select the most attractive person from a selection of photos.  The college shut his website down a day later because the surge in traffic had overwhelmed its network.
Zuckerberg launched Facebook in January 2004.  Three years later, aged just 23, he was a billionaire.