Mark Pincus, CEO of Zynga, is my number four pick for the worst CEO of 2012. Pincus saw an incredible exodus of top executive talent leave the company during 2012, driven out by a combination of imperial ways and unclear strategic direction. The year included bad acquisitions (already written down by 50%), a decrease in paying customers, and a total collapse in stock price. The maker of Farmville is in deep trouble, and CEO Pincus deserves full responsibility.
Check back tomorrow for the third worst CEO of 2012...
I love this list. Keep calling people out. Now, if shareholders, customers, and employees can hold them accountable . . . can we begin to shame and then support CEOs into solid business decisions *and* behavior?
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A good hint to complete your CEO list: Carlo Bozzoti from STMIcroelectronics should be there every year thanks to the global set of his decisions that jeopardize the whole group
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