Seagate’s Luczo Named as One of the “Best-Performing CEOs In the World” by Harvard Business Review
October 20 2014 - 11:48AM
Business Wire
Seagate one of five technology companies in the
top 40 and No. 32 for reputation
Harvard Business Review has ranked Seagate (NASDAQ: STX)
Chairman and CEO Steve Luczo as one of the best-performing CEOs in
the world. Luczo was ranked No. 34 overall on the magazine’s global
list of top 100 CEOs.
“I’m honored to be recognized by such a respected publication
and alongside a collection of outstanding leaders,” said Steve
Luczo, Seagate Chairman and CEO. “Seagate’s performance and
reputation are a result of the collective effort and unwavering
commitment of our employees around the world.”
Harvard Business Review primarily focused on total shareholder
return and market capitalization in determining their rankings;
however, the magazine also examined reputation, strategic vision,
authenticity, long-term planning and other “intangibles” in
evaluating the world’s top CEOs. Seagate and Luczo ranked No. 32 in
reputation, which included measuring products and services,
innovation, workplace, governance, citizenship, leadership, and
performance. Seagate was one of only five technology companies that
made the top 40.
The magazine examined Seagate’s performance under Luczo’s
leadership since his return as CEO in 2009. Over that period of
time, total shareholder return (country adjusted) was 1,016% and
total shareholder return (sector adjusted) was 958%. Also during
that time, market capitalization has increased $20 billion.
More information about Harvard Business Review’s list of the
world’s best-performing CEOs can be found here.
About Seagate
Seagate is a worldwide leader in storage solutions. Learn more
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SeagateClive Over, 408-658-1617clive.over@seagate.com
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