Pentair’s Chairman and CEO, Randall J. Hogan, has been recognised as one of this year’s ‘100 Best-Performing CEOs in the World’ by the Harvard Business Review (HBR).
The list, which appears in the November issue of the magazine, offers the only ranking of global CEOs’ performance over their entire tenure.
Mr Hogan’s was ranked 68th, based on the publication’s evaluation of global CEOs.
To create the list, HBR looked at CEOs of the S&P Global 1200 who assumed their role between 1995 and 30 April 30 2012. HBR considered three metrics: industry-adjusted shareholder returns, country-adjusted shareholder returns, and increase in market capitalisation over each CEO’s tenure.
HBR also worked with the Reputation Institute, which ranks global companies annually according to how positively they are regarded, to reorder the list. Its RepTrak methodology has respondents rate companies on seven dimensions - products and services, innovation, workplace, governance, citizenship, leadership, and performance - and then calculates a score of 0 to 100 for each. Pentair and Mr Hogan ranked 63rd with a score of 69.87 out of 100.
Adapted from press release by Callum O'Reilly