CEO is the highest ranking in a company whose main responsibility is to develop and implement high-level strategies.
But here are some of the worst CEO of all time who ruined multi-billion companies.
Nokia CEO – Stephen Elop
Stephen Elop is known as the king of thieves. He forced Nokia to use Windows phone which was not a wise decision at all. Elop handed over Nokia to Microsoft for a mere $7.2 billion in 2013 and he received a lot of rewards after signing the contract with Microsoft word.
Yahoo CEO – Marissa Mayer
Marissa Mayer was an former executive of google who later joined Yahoo, When she took over the company, the companies financial status en from bad to worse.
Compaq CEO – Eckhard Pfeiffer
Pfeiffer was the CEO of Compaq, a company which started in 1982, they entered the low-end server market and managed to push Packard Bell and IBM out. The company would have stayed if pfeeiffer would not have implemented those massive expansion plans.
HP CEO – Carly Fiorina
During her tenure all Hp got was failure, the company lost of its value and many of them lost their jobs. She was bought a company worth $4 billion for $14 billion.
Apple CEO – John Sculley
John Sculley believed in expensive marketing but lack technical skills he used to consider Steve Jobs as rival. From emerging giant he bought to tumbling computer manufacturer.
Volkswagen CEO – Martin Winterkorn
Martin Winterkorn was allegedly the major culprit in cheating scandal. He contributed in unethical and illegal software’s. Volkswagen software was rigged to display less emission costs in diesel cars.