It’s been a bit of a rough year for Facebook and its CEO, Mark Zuckerberg, following the social network’s disastrous IPO last May. The company’s stocks have dropped and Zuckerberg has had to deal with some harsh critics. But he must be doing something right, as he has defeated Apple’s Tim Cook as the highest rated CEO.
According to Glassdoor’s 2013 Highest Rated CEOs index, Zuckerberg received a 99% approval rating from his employees, which is a 14% increase from last year. While Zuckerberg’s approval rating went up this year, Cook’s went down 4%, from 97% to 93%. This was enough to not only push Cook out of the top 10, but all the way down to the 18thslot. Cook’s decline comes about a year and a half after the death of former CEO Steve Jobs and as the Apple’s stock has tumbled almost 40% from all-time highs.
Glassdoor is a free jobs and career community online that offers an inside look at jobs and companies. The site features “employee generated content” – anonymous salaries, company reviews, interview questions, and more – all posted by employees, job seekers, and sometimes the companies themselves.
To compile its list of Highest Rated CEOs, Glassdoor surveyed hundreds of thousands of employees across many industries. CEO approval ratings are calculated much the same as presidential approval ratings. Employees were asked questions such as “Do you approve or disapprove of the way your CEO is leading the company?”
One unnamed Facebook employee told Glassdoor that Facebook possesses “an open community from Zuck on down.” There is “mutual trust companywide and a sense of community and drive, instilled by our CEO who we all truly respect.”
After Zuckerberg, the rest of the top 10 included, in order:
- Bill McDermott & Jim Hagemann Snabe, SAP (99%)
- Dominic Barton, McKinsey & Co. (97%)
- Jim Turley, Ernst & Young (96%)
- John E. Schlifske, Northwestern Mutual (96%)
- Frank D’Souza, Cognizant Technology Solutions (96%)
- Joe Tucci, EMC (96%)
- Paul E. Jacobs, Qualcomm (95%)
- Richard K. Davis, U.S. Bank (95%)
- Pierre Nanterme, Accenture (95%)
Click here to see the full list of Glassdoor’s 2013 Highest Rated CEOs.