Amidst challenging economic conditions and geopolitical tensions, The Economist ranks the top CEOs of 2023 based on shareholder returns and employee satisfaction.
Challenges for CEOs in 2023
The year 2023 has posed significant challenges for corporate leaders, including sluggish growth, rising inflation, geopolitical tensions, and the impact of generative AI.
CEO Performance Assessment
The Economist examined the performance of CEOs in the S&P 1200 index, ranking them based on shareholder returns relative to their sector’s average. After eliminating certain CEOs, a shortlist of five standout leaders emerged.
Top Contenders for Best CEO of 2023
The top contenders for the best CEO of 2023 included David Ricks of Eli Lilly, David Vélez Osorno of Nubank, Sekiya Kazuma of Disco, Mark Zuckerberg of Meta, and Jensen Huang of Nvidia.
Outstanding Achievements and Challenges
Each CEO demonstrated remarkable achievements in their respective industries, facing unique triumphs and obstacles throughout the year.
Employee Satisfaction and Challenges
Employee satisfaction ratings and challenges faced by each CEO were also considered in the assessment. This included worker approval ratings and company-specific issues.
Final Assessment and Conclusion
After careful evaluation, Jensen Huang of Nvidia emerged as the best CEO of 2023 due to his visionary leadership and exceptional performance, despite challenges in the industry.