Friday, April 24, 2009

Citi’s Pandit among 20 worst-ever Chief Executive Officers

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Donning the role of a commander, ill-equipped to save the Titanic of the banking world, Citigroup’s India born chief, Mr Vikram Pandit has found a place among the 20 worst-ever CEOs in American history, but the top honours has gone to bankrupt Lehman Brothers’ Mr Dick Fuld.

The list of America’s 20 worst-ever CEOs, compiled by business magazine Conde Nast Portfolio after consulting with a panel of business school professors, identifies the business “leaders, who helped drive their companies into the ground.” These 20 include “six men, who helped make today’s economy stink”, the magazine said.

The list has been topped by Mr Dick Fuld, under whose stewardship Lehman Brothers became the world’s biggest ever bankruptcy candidate

To read the full article, click here..
To read the ePaper, visit: http://dc-epaper.com

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