As 2012 comes to a close, it's that time of year again to list some of the best and worst CEOs over the past 12 months.
Sydney Finkelstein, a professor of management at the Tuck School of Business at Dartmouth and author of “Why Smart Executives Fail” and “Think Again," shared his annual "Worst CEOs" list with The Daily Ticker.
Two of the CEOs were so bad they are no longer on the job. For the CEOs who remain on the payroll, watch out. All of the CEOs on Finkelstein’s 2011 list have been shown the door.
While stock price is an important part of Finkelstein's criteria, it is not the only determining factor. The lack of corporate governance also plays an important part.
Without further ado, the top two “Worst CEOs of 2012” are Brian Dunn of Best Buy (BBY) and Audrey McClendon of Chesapeake Energy Corporation (CHK). Honorable mentions also go to Facebook’s (FB) Mark Zuckerberg and Groupon’s (GRPN) Andrew Mason.
1. Brian Dunn, former CEO, Best Buy (resigned April 2012)
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