15 Most Hated CEOs


Bangalore: CEO of a company is an imperative individual who steers the company towards prosperity and growth. But what if a CEO decides to put his/her interest first before company's best interests? It would result as a bad business move, dissatisfied employees and a deteriorating company. Glassdoor, an employee review site, has classified CEOs based on how employees perceive their CEOs, their business strategies and what branded as them as the most hated .Jay Yarow, of Business Insider, has compiled the list and is as follows -

1. Xerox CEO - Ursula Burns

Disapproval Rating: 72 Percent

Burns tops the list of the most hated CEOs. Burns is known for firing people as she lays them off like giving salary bonuses. It is completely perplexing to see her fire R&D staff when they needed well experienced hands at the time when the market was down for Xerox. Being an economic advisor of Barack Obama, her business strategies and firing people has been surprising. She also broke-off the deal with HCL Technologies, leaving many people unemployed. These quantity cuts are going to cut the quality of Xerox in the long run. A blog by Bob Lonsberry, a columnist, author and TV journalist writes - "with friends like Xerox, who needs enemies," indicating the level to which people hate Burns.

2. Yahoo's Interim CEO - Tim Morse

Disapproval Rating : 69 Percent

Yahoo may have fired Carol Bartz but appointing Morse as the interim CEO is viewed as wrong step, states International Business Times. Trip Chowdhry, Research Analyst at Global Equities, says that Morse will not be able to redeem Yahoo's position. Chowdhry says that Morse is "much worse" than Bartz. He quotes, "We think this is the right move but sadly a year too late - Yahoo's business has already been damaged." He further says, "Both Carol and Tim should have been fired together as they both have damaged Yahoo's business and repairing it will be extremely difficult." He says that to Morse, cost-cutting is the only way to increasing revenue. Both he and Bartz have no idea as to how a tech-savvy enterprise should operate. He criticized both Bartz and Morse for not being able to "think big, bold and execute fast." Chowdhry adds, "Seems to us that both the CEO and CFO were happy living in their comfort zones, and congratulating themselves on delivering a few new features here and there on different Yahoo properties. None of which are revenue drivers."