{"id":139827,"date":"2016-10-12T19:30:33","date_gmt":"2016-10-12T17:30:33","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=139827"},"modified":"2016-10-12T20:24:26","modified_gmt":"2016-10-12T18:24:26","slug":"this-south-african-has-been-named-among-the-top-25-ceos-in-the-world","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/139827\/this-south-african-has-been-named-among-the-top-25-ceos-in-the-world\/","title":{"rendered":"This South African has been named among the top 25 CEOs in the world"},"content":{"rendered":"<p>A South African-born executive has been listed among the world&#8217;s top 25 CEOs in the latest Harvard Business Review ranking &#8211; which assesses chief execs on how much value they add to companies during their tenure.<\/p>\n<p>Estcourt born Mark Bristow, is the long-serving CEO of Randgold Resources &#8211; a position he has held since 1995 when he co-founded the company. He ranks 23rd in the HBR list of world&#8217;s 100 best-performing CEOs.<\/p>\n<p>Bristow graduated from the University of Natal with BSc and PhD degrees in Geology.\u00a0 He manages a company with revenues exceeding $1.094 billion, and a market cap of $7.85 billion.<\/p>\n<p>The chief executive received a salary of $7.7 million (R109.8 million)for the 2015\u00a0 financial year, including a bonus of $2.95 million (R42 million).<\/p>\n<p>The CEO has ensured that <span class=\"m_first-letter\">R<\/span>andgold has survived the recent downturn in commodity prices better than most.<\/p>\n<p>He told the<a href=\"http:\/\/www.telegraph.co.uk\/business\/2016\/04\/30\/the-gold-sector-is-a-charade-randgold-boss-mark-bristow-digs-in\/\" target=\"_blank\"> Telegraph <\/a>earlier in the year: \u201cWe are the only gold company on this planet of any size that hasn\u2019t impaired.<\/p>\n<p>The entire premise of the ranking is to assess CEOs on\u00a0the results they bring to their respective companies &#8211; something which should be based on objective data and not on opinions.<\/p>\n<p>To this end, the ranking was compiled by looking at chief executives within the S&amp;P Global\u00a01200 companies, and the analysis of the returns they give to shareholders, and how they impact their company&#8217;s market capitalisation in applicable years between 1995 and 2016.<\/p>\n<div id=\"attachment_139841\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a  data-lightbox=\"post-image\" href=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/10\/Mark-Bristow.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-139841\" class=\"wp-image-139841 size-new-size\" src=\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/10\/Mark-Bristow-640x400.png\" alt=\"mark-bristow\" width=\"640\" height=\"400\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/10\/Mark-Bristow.png 640w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2016\/10\/Mark-Bristow-300x188.png 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><p id=\"caption-attachment-139841\" class=\"wp-caption-text\">Randgold Resources CEO, Mark Bristow<\/p><\/div>\n<p>The list excludes CEOs who have only been in the job for less than two years, or have been convicted or arrested in the past. This leaves 895 CEOs and co-CEOs from 886 companies.<\/p>\n<p>According to the Harvard Review,\u00a0on average, the world\u2019s 100 best CEOs have been on the job for 17 years\u00a0&#8211;\u00a0and have generated a 2,091% overall return on their stock (adjusted for exchange-rate effects), or a 20.2% annual return.<\/p>\n<p>The top-ranking CEO in world is pharmaceutical group, Novo Nordisk&#8217;s chief executive,\u00a0Lars Revien Sorensen, who has maintained the top position for the second year in a row now.<\/p>\n<p><strong>The top performing CEOs in the world<\/strong><\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"10%\">Rank<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"40%\">Name<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"25%\">Company<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"25%\">Industry<\/th>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>Lars Revien Sorensen<\/td>\n<td>Novo Nordisk<\/td>\n<td>Health Care<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Martin Sorrell<\/td>\n<td>WPP<\/td>\n<td>Consumer Services<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Pablo Isla<\/td>\n<td>Inditex<\/td>\n<td>Retail<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Herbert Hainer<\/td>\n<td>Adidas<\/td>\n<td>Consumer Goods<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Roberto Egydio Setubal<\/td>\n<td>Itau Unibanco<\/td>\n<td>Financial Services<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Jen-Hsun Huang<\/td>\n<td>Nvidia<\/td>\n<td>Information Technology<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Bernard Arnault<\/td>\n<td>LVMH<\/td>\n<td>Consumer Goods<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Elmar Degenhart<\/td>\n<td>Continental<\/td>\n<td>Automobile<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Benoit Potier<\/td>\n<td>Air Liquide<\/td>\n<td>Materials<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>Jacques Aschenbrioch<\/td>\n<td>Valeo<\/td>\n<td>Automobile<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>23<\/td>\n<td>Mark Bristow<\/td>\n<td>Randgold Resources<\/td>\n<td>Materials<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<p><em>You can see the <strong><a href=\"https:\/\/hbr.org\/2016\/11\/the-best-performing-ceos-in-the-world\">full ranking here<\/a><\/strong><\/em><\/p>\n<h3 class=\"my-4\">More on CEOs<\/h3>\n<p><strong><a title=\"Permalink to This South African company just paid its CEO R100 million\" href=\"http:\/\/businesstech.co.za\/news\/wealth\/138853\/this-south-african-company-just-paid-its-ceo-r100-million\/\" rel=\"bookmark\">This South African company just paid its CEO R100 million<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to This is how much South Africa\u2019s top CEOs earn in bonus pay\" href=\"http:\/\/businesstech.co.za\/news\/wealth\/130404\/this-is-how-much-south-africas-top-ceos-get-in-bonus-pay\/\" rel=\"bookmark\">This is how much South Africa\u2019s top CEOs earn in bonus pay<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A South African-born executive has been listed among the world&#8217;s top 25 CEOs in the latest Harvard Business Review ranking &#8211; which assesses chief execs on how much value they add to companies during their tenure.<\/p>\n","protected":false},"author":10,"featured_media":12556,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-139827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=139827"}],"version-history":[{"count":10,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139827\/revisions"}],"predecessor-version":[{"id":139887,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/139827\/revisions\/139887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/12556"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=139827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=139827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=139827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}