Friday, December 14, 2012

Worst CEOs of 2012: Dishonorable Mention

There were two prominent CEOs that did not have good years at all, but for different reasons, just missing out on making the list: Mark Zuckerberg of Facebook and Andrew Mason of Groupon. These twenty-something Internet entrepreneurs saw their stock price collapse not long after going public, an embarrassing way to begin "grown up" life. Zuckerberg has created a dictatorship at FB, keeping control of the company firmly in his hands despite owning just a small percentage of the company via the joys of dual stock structure. Mason hasn't figured out how to make Groupon profitable. But there are enough hopeful signs to keep them firmly on the watch list for next year, including FB's strong recent moves to mobile and Groupon's unwillingness to accept the status quo.