CEO Profile – The CEO Magazine – India https://theceo.in The CEO Magazine: Best Monthly Business Magazine for Business Leaders and Decision Makers Mon, 25 Nov 2019 09:28:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.2 https://theceo.in/wp-content/uploads/2018/02/cropped-TCM-Favicon-2-1-32x32.jpg CEO Profile – The CEO Magazine – India https://theceo.in 32 32 Gina Rinehart, Transforming Bankrupt Company into an Empire https://theceo.in/top-ceo-profiles/gina-rinehart-transforming-bankrupt-company-into-an-empire/ https://theceo.in/top-ceo-profiles/gina-rinehart-transforming-bankrupt-company-into-an-empire/#respond Mon, 25 Nov 2019 09:26:21 +0000 https://theceo.in/?p=65964 Gina RinehartGina Rinehart, Transforming Bankrupt Company into an Empire With an estimated net worth of US$14.8 billion as published in the list of Australia’s 50 richest people by Forbes, Gina Rinehart is one of Australia’s richest people. The Australian mining magnate and heiress is the chairman of Hancock Prospecting, a privately-owned mineral exploration and extraction company […]]]> Gina Rinehart

Gina Rinehart, Transforming Bankrupt Company into an Empire

With an estimated net worth of US$14.8 billion as published in the list of Australia’s 50 richest people by Forbes, Gina Rinehart is one of Australia’s richest people. The Australian mining magnate and heiress is the chairman of Hancock Prospecting, a privately-owned mineral exploration and extraction company founded by her father on 25th November 1955. Being the daughter of late businessman and founder of the company, Lang Hancock, Gina transformed Hancock Prospecting that was in a bad financial position with debt and asset mortgages into a successful brand today.

Born on 9 February 1954 at St John of God Subiaco Hospital in Perth, Western Australia, she is the only child of Hope Margaret Nicholas and Lang Hancock. Having lived with her parents at Nunyerry, 60 kilometres (37 mi) north of Wittenoom until the age of four, Rinehart boarded at St Hilda’s Anglican School for Girls in Perth. She later, went to the University of Sydney for a brief period to study economics and dropped out and working for her father, gaining an extensive knowledge of the Pilbara iron-ore industry.

As the founder’s child, Rinehart inherited a 76.6% share in the company upon his death in 1992 and succeeded him as executive chairman with the rest of the company’s shares bring transferred to a trust for her four children. The leader oversaw a rapid expansion of the company over the following decade, and due to the iron ore boom of the early 2000s became a nominal billionaire in 2006. She also began to expand her holdings into areas outside the mining industry in the 2010s by making sizeable investments in Ten Network Holdings and Fairfax Media along with expanding into agriculture, buying several cattle stations.

The chairman of Prospecting Private Limited (HPPL) and the HPPL Group of companies inclusive of privately-owned companies with the notable exception of receiving a royalty stream from Hamersley Iron since the late 1960s. In recent years, Rinehart focused on developing Hancock Prospecting’s undeveloped deposits, raising capital through joint venture partnerships and turning the leases into revenue-producing mines.

The self-made billionaire and Australia’s richest citizen built her wealth on an industry that continues to expand robustly, the iron ore industry. The leader continues to be embroiled in a lawsuit with two of her children along with Wright Prospecting, owned by her father’s original partner. Rinehart has transformed her late father’s bankrupted estate as she rebuilt it into something much larger.

The daughter of high profile iron-ore explorer Lang Hancock, Gina’s biggest piece of fortune comes from the Roy Hill mining project, which started shipments to Asia in 2015. She is also Australia’s third-largest cattle producer, with a portfolio of properties across the country.

Rinehart is a major player in the media business as she expanded from the mining business. She has also acquired a substantial stake in Fairfax Media. In February 2012 she increased her stake in Fairfax to over 12 per cent and became the largest shareholder of the company. She continued to increase her stakes in the company and sold here shareholding in 2015. She has also expanded into a sprawling business across iron ore, coal, mining, and dairy with reported revenue of more than $6 billion in 2018, up sharply year-on-year due to a profitable iron ore division.

In march 1992 as Hancock Prospecting was largely sold out and was in an extremely bad financial position with remaining assets under threat of litigation or heavily mortgaged, Gina refused to be called an heiress and rightfully so as she created an empire on her own. The business leader does not believe in gender quotas and continues to ensure growth and leverage every opportunity.

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Ulf Mark Schneider: Leading the Swiss Brand, Nestlé https://theceo.in/top-ceo-profiles/ulf-mark-schneider-leading-the-swiss-brand-nestle/ https://theceo.in/top-ceo-profiles/ulf-mark-schneider-leading-the-swiss-brand-nestle/#respond Mon, 25 Nov 2019 04:38:42 +0000 https://theceo.in/?p=65927 Ulf-Mark-Schneider,-CEO---Nestlé---SwitzerlandUlf Mark Schneider: Leading the Swiss Brand, Nestlé Purnima Narang || The CEO Magazine Headquartered in Vevey, Vaud, Switzerland, Nestlé is a Swiss multinational food and drink processing conglomerate corporation led by the Chief Executive Officer, Ulf Mark Schneider. The company is a leading producer of baby food, medical food, bottled water, breakfast cereals, coffee […]]]> Ulf-Mark-Schneider,-CEO---Nestlé---Switzerland

Ulf Mark Schneider: Leading the Swiss Brand, Nestlé

Purnima Narang || The CEO Magazine

Headquartered in Vevey, Vaud, Switzerland, Nestlé is a Swiss multinational food and drink processing conglomerate corporation led by the Chief Executive Officer, Ulf Mark Schneider. The company is a leading producer of baby food, medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. Established in 1905 with the merger of the Anglo-Swiss Milk Company (established in 1866 by brothers George and Charles Page), and Farine Lactée Henri Nestlé ( founded in 1866 by Henri Nestlé), the brand has various sub-brands now including Kit Kat, Maggi, Nespresso, Nescafe, etc as it has had various mergers with different companies around the world.

Ulf-Mark-Schneider,-CEO---Nestlé---Switzerland

The 153 years old company has roots in World War I and World War II, when it significantly grew with its initial products which were highly in demand including the condensed milk and infant formula products.

Born on 9th September 1965, the CEO of Nestlé, Schneider was raised in Neuweid, Germany and became a US citizen in 2003. The visionary leader holds a doctorate in economics from University of St. Gallen, Switzerland, and an MBA from Harvard Business School, a PhD (Dr. oec.) from University of St. Gallen, 1992 and Lic. oec. Degree in Finance and Accounting, University of St. Gallen, 1988.

After finishing his education, Schneider initiated his career at Haniel Group in 1989 and during his tenure in the company served at various positions including Chief Financial Officer, Gehe UK plc, Vice President Business Development North America, Various senior executive positions, Halfen GmbH, and Assistant to Haniel Group Executive Board.

Schneider was group finance director for Gehe UK plc., a pharmaceutical wholesale and retail distributor, in Coventry, England. Schneider held several senior executive positions starting in 1989 with Gehe’s majority shareholder, Franz Haniel & Cie. GmbH, a diversified German industrial company.

He served the company Bad Homburg based in Germany as the Chief Financial Officer, Fresenius Medical Care from 2001 to 2003 and further as the Chief Executive Officer of the parent company Fresenius Group for 13 years from 2013 to 2016.  Schneider ensured the brand’s growth under his leadership. During his tenure at Fresenius, the number of employees more than tripled, revenue quadrupled and net income increased twelvefold.

While Schneider was CEO, Fresenius also carried out a number of major strategic acquisitions: the private hospital chain HELIOS Kliniken in 2005; US dialysis provider Renal Care Group, in 2006; US pharmaceutical company APP Pharmaceuticals, in 2008; Liberty Dialysis, another major dialysis provider in the US, in 2011; and, in 2014, the purchase of 41 hospitals from Rhön-Klinikum, through which HELIOS became the largest private hospital operator in Germany which were under the eye of Schneider.

In June 2016, Schneider replaced Paul Bulcke as the CEO of Nestlé SA. Ulf Mark Schneider was the first outsider to run Nestlé since 1922 as he initiated his duty as the CEO in January 2017. Being the leader who guides the company, Schneider focuses on management challenges of global growth and future strategies in the healthcare and pharmaceutical industries.

The leader has in authority at various organizations, he is Co-Chairman of the Board of Directors of Cereal Partners Worldwide, Member of the Board of the Consumer Goods Forum, International Business Council, World Economic Forum – WEF, IMD Foundation Board, Non-executive Director of E.I. du Pont de Nemours and Company (2014 – 2017). He chaired the European advisory board of Harvard Business School until 2016 and served on the board of directors of the American chemical company DuPont from 2014 to 2017.

Also Read: Herbert Diess, Hero of the Volkswagen Forces

Warren E. Buffett, the big daddy of investment

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Kevin Johnson – A Passionate Servant Leader https://theceo.in/top-ceo-profiles/kevin-johnson-a-passionate-servant-leader/ https://theceo.in/top-ceo-profiles/kevin-johnson-a-passionate-servant-leader/#respond Wed, 20 Nov 2019 07:03:35 +0000 https://theceo.in/?p=65905 Kevin JohnsonKevin Johnson – A Passionate Servant Leader Pulkit Sharma || The CEO Magazine Kevin Johnson is a passionate American business leader and CEO of Starbucks, a Coffee Company. He began his career in the year 1986 as an engineer when he joined IBM. He also worked joined Microsoft in the worldwide sales and as the […]]]> Kevin Johnson

Kevin Johnson – A Passionate Servant Leader

Pulkit Sharma || The CEO Magazine

Kevin Johnson is a passionate American business leader and CEO of Starbucks, a Coffee Company. He began his career in the year 1986 as an engineer when he joined IBM. He also worked joined Microsoft in the worldwide sales and as the president of its department. He was a key person in Microsoft as he along with Steve Ballmer and Bill Gates used to determine the strategies in the company. He also served as a CEO of Juniper Networks from the year 200 to 2014. Kevin Johnson joined Starbucks as a board member in the year 2009, he was declared as the COO of Starbucks in the year 2015 and later in 2017 he was appointed as the CEO of Starbucks.

Early Life and Education

Kevin Johnson was born on 9 October in the year 1960 in Gig Harbour, Washington. He was raised by his mother with his siblings in Los Alamos. His mother used to work as a paediatric nurse at one of the children’s clinic in Los Alamos and his father was a theoretical physicist at Los Alamos National Laboratory. He completed his schooling from Los Alamos High school in the year 1978 and received his degree in B.A. in business administration from New Mexico State University (NMSU) in the year 1981.

Starbucks Corporation

Starbucks is a popular American coffee company and a coffeehouse chain which was founded in Seattle, Washington by Jerry Baldwin, Zev Siegl and Gordon Bowker in the year 1971. By the beginning of 2019, they operate in over 30,000 locations around the world.

Starbucks is known to be the representative of “second wave coffee” a term that made artisanal coffee also known as darkly roasted coffee popular. Since the beginning of this millennium, the third wave coffee makers have focused on the quality of the coffee with hand-made coffee. Well, Starbucks is using coffee machines, known as automated espresso machines for better efficiency and quality proposes.

Every Starbucks franchises serve whole-bean coffee, hot and cold drinks,  micro-ground instant coffee known as VIA, espresso, caffe latte, full- and loose-leaf teas including Teavana tea products. Frappuccino beverages, La Boulange pastries, Evolution Fresh juices and various snacks like chips and crackers, some offers are seasonal or location-based. They also sell pre-packed food like sandwiches, drinkware like mugs and tumblers. Their branded coffee, bottled cold coffee drinks, ice cream are also sold at various grocery stores.

First success for Starbucks came in the early 80’s in Seattle. Despite an economic slowdown, they achieved great success with their expansion into the Midwest and British Columbia in the late 80’s. Entering into the market of California was the best decision by Starbucks as it made then the brand they are today.  When Starbucks opened in Tokyo in 1996 that was the first time they had opened franchises outside of North America.

From the year 1987 to 2007, they opened an average of two new locations every day. They started their Starbucks Reserve program in the year 2010 for high-end coffee shops and single-origin coffees. Starbucks operates six roasteries with tasting rooms and 43 coffee bars as part of the program. Recently in 2019, they opened their biggest store in Chicago on the Magnificent Mile as their 6th roastery location.

Former CEO of Starbucks, Howard Schultz decided to step down from his position in the year 2017 and he was replaced by Kevin Johnson as he assumed the role from 3rd April 2017.

Warren Buffet the king of Investing

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HERBERT DIESS, HERO OF THE VOLKSWAGEN FORCES https://theceo.in/top-ceo-profiles/herbert-diess-hero-of-the-volkswagen-forces/ https://theceo.in/top-ceo-profiles/herbert-diess-hero-of-the-volkswagen-forces/#respond Tue, 19 Nov 2019 08:46:24 +0000 https://theceo.in/?p=65882 Herbert-DiessHERBERT DIESS, HERO OF THE VOLKSWAGEN FORCES Yashasvi Khushu || The CEO Magazine Earning a whopping €8,238,020 per annum, the Volkswagen CEO, Herbert Diess was born in Munich, Germany on October 24, 1958. He studied vehicle technology at Munich University of Applied Sciences from 1977 and then mechanical engineering at Munich Technical University from 1978 […]]]> Herbert-Diess

HERBERT DIESS, HERO OF THE VOLKSWAGEN FORCES

Yashasvi Khushu || The CEO Magazine

Earning a whopping €8,238,020 per annum, the Volkswagen CEO, Herbert Diess was born in Munich, Germany on October 24, 1958.

He studied vehicle technology at Munich University of Applied Sciences from 1977 and then mechanical engineering at Munich Technical University from 1978 to 1983.

Herbert-Diess

After obtaining his degree in engineering, Diess was a scientific assistant at the Institute for Tool Machines and Plant Management of Munich Technical University, where he obtained a doctorate in the field of assembly automation in 1987. From 1988, he headed the Assembly Automation Department of the Institute for Tool Machines and Plant Management. In 1989, he continued his career with Robert Bosch GmbH in Stuttgart.

In 1990, he was appointed Technical Director, Planning and Maintenance, of the Robert Bosch plant at Treto in Spain, where he was General Manager from 1993. In 1996, Diess joined BMW AG in Munich as Director, Long-Term and Structural Planning. From 1997, he headed the Process Consulting Department, first in the Production Division and later in the Engineering and Technology Division.

He was then assigned to the UK, where he was Director of BMW’s Birmingham plant from 1999; one year later, he became Director of the BMW plant in Oxford. In 2003, he was appointed Director of BMW Motorcycles. In 2007, he became Member of the Board of Management, Purchasing and Supplier Network, and, in 2012, Member of the Board of Management, Development, of BMW AG.

Effective July 1, 2015, the Supervisory Board of Volkswagen AG appointed Dr. Herbert Diess Member of the Board of Management of Volkswagen AG and Chairman of the Board of Management of the Volkswagen Passenger Cars brand. The Supervisory Board of Volkswagen Aktiengesellschaft has appointed Dr. Herbert Diess as Chairman of the Board of Management of Volkswagen Aktiengesellschaft effective April 13, 2018. Effective January 11, 2019, the Supervisory Board of Volkswagen Aktiengesellschaft has assigned responsibility for the China Board of Management Division to Dr. Herbert Diess, the Chairman of the Board of Management, in addition to his other duties.

At present the Board of Management of Volkswagen AG comprises eight members. Each Board Member is responsible for one or more functions within the Volkswagen Group. Dr. Herbert Diess is the Chairman. The work of the Board of Management of Volkswagen AG is supported by the boards of the brands and regions as well as by the other group business units and holdings.

 (Source: https://www.volkswagenag.com/en/group/executive-bodies.html, https://en.wikipedia.org/wiki/Herbert_Diess)

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WARREN E. BUFFETT, THE BIG DADDY OF INVESTMENTS https://theceo.in/top-ceo-profiles/warren-e-buffett-the-big-daddy-of-investments/ https://theceo.in/top-ceo-profiles/warren-e-buffett-the-big-daddy-of-investments/#respond Mon, 18 Nov 2019 06:14:08 +0000 https://theceo.in/?p=65816 warren-buffetWARREN E. BUFFETT, THE BIG DADDY OF INVESTMENTS Yashasvi Khushu || The CEO Magazine 11 years old! Flabbergasting isn’t it, that’s exactly how old Warren E. Buffet, CEO, Berkshire Hathaway, was when he first did his investment. With a net worth of $82 billion, this CEO is popularly known as an ace businessman, an investor, […]]]> warren-buffet

WARREN E. BUFFETT, THE BIG DADDY OF INVESTMENTS

Yashasvi Khushu || The CEO Magazine

11 years old! Flabbergasting isn’t it, that’s exactly how old Warren E. Buffet, CEO, Berkshire Hathaway, was when he first did his investment.

With a net worth of $82 billion, this CEO is popularly known as an ace businessman, an investor, and a philanthropist. Born in august of 1930 in Omaha, Nebraska he gained his training from his father at a very young age. Stockbroker and father, Howard Buffet taught him the intricacies of being an intelligent investor and Warren began to treat himself as a budding entrepreneur even before he had left his teens. He was selling and buying stocks with complete finesse and comprehension by his early 20s.

warren-buffet

In the process of investments, he amplified hid portfolio and made mammoth amounts of money by buying and selling stocks. People who know him closely emphasize on the fact that Buffet even today, regardless of all the wealth and success he has gained, is remarkably practical and economical and in terms of investment, he follows the highest standards of investments.

Once a textile manufacturing company in Bedford, Massachusetts, the company Berkshire Hathaway became the point of focus in 1962 for Buffett and he started buying the stocks. Using his knowledge he invested in a hefty percentage of stocks and kept doing so till he overtook the control over the company and took over as the CEO of Berkshire Hathaway. At present, the company is involved in the management of several accounts and acts as a conglomerate with the core being the segment of investment with approximate revenue of $247.5 billion.

He graduated with a Bachelor of Science in Business Administration from the University of Nebraska and later after being rejected from Harvard University, he enrolled in Columbia University and earned his Masters in Economics. The one thing that Warren Buffett has sincerely followed through his life and in the manner of his investments to hit high dividend stocks is the skill to be patient. If you have achieved patience, it would mean that you are monitoring the situation, analyzing the trends, comprehending the values first and then make your purchase. And once you see the stocks crossing the price that you bought them at, you will end up with a lot of high dividend stocks.

According to Buffett, anyone who is seeking to hit a sound investment portfolio should do an ample amount of research first and focus on the timing part as well. If you follow the manner of Buffett’s investment patterns you would realize how keen of an observer he is and how patiently he invests, there would be times when you and I would think that this is the right time to sell you stocks and pool out the profits and later get disappointed when the same stocks hit the sky but Buffett, no, this man studies the market each time and hits the bulls eye.

As simple as it sounds, one thing to keep in mind is the fact that Warren E. Buffett has spent his entire life working hard and achieving the status of the world’s third wealthiest man. He hasn’t just inspired millions of people around the world but also has inspired his family. His daughter in law, Mary Buffett wrote a book as well on him, about his principles and his life, “Buffetology’.

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EVERYTHING ABOUT THE STEEL TYCOON, LAKSHMI NIWAS MITTAL https://theceo.in/top-ceo-profiles/everything-about-the-steel-tycoon-lakshmi-niwas-mittal/ https://theceo.in/top-ceo-profiles/everything-about-the-steel-tycoon-lakshmi-niwas-mittal/#respond Mon, 18 Nov 2019 05:34:08 +0000 https://theceo.in/?p=65813 Lakshmi Niwas MittalEVERYTHING ABOUT THE STEEL TYCOON, LAKSHMI NIWAS MITTAL Yashasvi Khushu || The CEO Magazine From a moderately humble background to the world’s largest steelmaker, Lakshmi Narayan Mittal hails a history where basic amenities were scarce in the 60s and today ArcelorMittal sits at a capacity achievable production annually of approximately 118 million tonnes of crude […]]]> Lakshmi Niwas Mittal

EVERYTHING ABOUT THE STEEL TYCOON, LAKSHMI NIWAS MITTAL

Yashasvi Khushu || The CEO Magazine

From a moderately humble background to the world’s largest steelmaker, Lakshmi Narayan Mittal hails a history where basic amenities were scarce in the 60s and today ArcelorMittal sits at a capacity achievable production annually of approximately 118 million tonnes of crude steel, and some 209,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company.

Born on 15 June 1950, Sadulpur, Rajasthan, the CEO today holds a net worth of US$11.6 Billion. He completed his studies at St. Xavier’s college while he was working at is fathers steel mill. Later in 1976 while interning as a trainee at the mill he decided to open his mill in Indonesia.

Lakshmi Niwas Mittal

His attempt was not to jump on the very thought of starting something of his own, he took his time, spent nearly a decade learning the intricacies of the industry and then finally in 1984 bought the steelworks in Tobago and Trinidad in its struggling phase and doubled the output within a year and generated revenues. He separated

The largest steelmaker in the world is not just investing in multiplying his revenues; he is equally a part of social responsibilities. He has set up a trust for athletes with the potential of international level, The Mittal’s Champion Trust, he partnered with the Rajasthan government for a non profit organisation in the name of LNM Institute of Information Technology in 2003, he also made a donation to the London hospital, the great Ormond street of £15 million for the new facility for children.

In the course of steel industry though the demand was high, comparatively smaller companies were having a tough time cracking deals with the big fishes of the market like appliance manufacturers and notable automakers. But, this did not stop Laksmi Niwas Mittal and he decided to consolidate an industry that had turned fragmented and weak. In 2006 he split from his siblings and decided to partner with Arcelor from France in 2006.

At present, the company has diversified into different segments of power, coal, shipping and oil enterprises. The shift from the core manufacturing business has proven a boon for the company but then we are talking about a man who has bought rusted steel and sick companies and turned them into pure gold overnight.

There are a number of accolades and awards to his name. He was awarded by the Government of India, The Padma Vibhushan in 2008. For his outstanding vision, leadership, entrepreneurship, success and development he was awarded the Willy Korf Steel Vision Award” in 1998, “Steelmaker of the Year” in 1996, “European Businessman of the Year 2004” by fortune magazine, “Person of the Year” by financial times, “100 most influential persons in the world” by times magazine and many more.

Lakshmi Niwas Mittal is today the largest steel-tycoon in the world based in London at the age of 61. His assets are spread through Poland, Indonesia, South Africa, and Kazakhstan. This man of mammoth charisma and influence believes India to be one of the most interesting places. He shares his views openly on India, the economy, development, future plans of new factories, swift changes and better orchestration of policies in India.

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SATYA NADELLA, 22 YEARS OF FORCE BEHIND MICROSOFT https://theceo.in/top-ceo-profiles/satya-nadella-22-years-of-force-behind-microsoft/ https://theceo.in/top-ceo-profiles/satya-nadella-22-years-of-force-behind-microsoft/#respond Mon, 18 Nov 2019 05:26:47 +0000 https://theceo.in/?p=65808 satya-nadellaSATYA NADELLA, 22 YEARS OF FORCE BEHIND MICROSOFT Yashasvi Khushu || The CEO Magazine Sitting at a net worth of $272 million, Satya Nadella has played the role the Microsoft CEO since 4th February 2014 graciously well. Satya didn’t just fit himself into one of the most influential brands, he also with it bought pride […]]]> satya-nadella

SATYA NADELLA, 22 YEARS OF FORCE BEHIND MICROSOFT

Yashasvi Khushu || The CEO Magazine

Sitting at a net worth of $272 million, Satya Nadella has played the role the Microsoft CEO since 4th February 2014 graciously well.

Satya didn’t just fit himself into one of the most influential brands, he also with it bought pride to Indians all over the world with his appointment. Born in Hyderabad, India, from where he did his schooling. He completed his graduation in electronics and communication from Manipal institute of technology in the engineering field.

satya-nadella

From the stage of infancy, Satya reflected his keen inclination towards technological developments for enhancing lives around him and building things and to fulfil his interests he pursued masters from the University of Wisconsin- Milwaukee in computer science and further completed his MBA from the University Of Chicago Booth School Of Business.

His leadership skills and the esteemed background of education helped him in successfully leading massive projects in Microsoft and Sun Microsystems and made these organisations better in terms of capability. After meticulously serving his tenure and investing 22 years of his career in Microsoft, he ensured taking the company to greater heights. He acted as the driving force behind the synergy of cloud computing and was efficiently a significant part of the largest infrastructure of cloud in the world.

 The career graph of this man is a clear example of the fact that hard work does pay well, like literally. In his time of tenure, Satya Nadella took care of a number of segments and business divisions; he was the President of the server and tools section, he was the Vice President of the Microsoft Business Division, he managed the office of Senior Vice President of Research and Development for the services online and more. He was so determined to amplify the revenue for Microsoft that he easily climbed the ladder of success in the manner of promotions and his growth can be attributed to his commitments towards his work. When he took the charge as the President of the cloud services division, the revenue boomed to an unfathomable US$ 16.6 billion in 2011 and US$ 20.3 billion in 2013.

During his course in Microsoft Satya Nadella has bought a number of vital changes in the company, he took over the throne when the company was dealing with the crisis in 2014. After him coming into authority, he made several changes that helped the company survive the heavy downfall in the stocks position and improved the scenario by partnering with other companies, focusing on one major objective, open-source software projects and more.

The Microsoft CEO has worked hard and excelled in each field he has touched, millions of young heads around the world look up to him for his achievements, his educational background and his career path. With a comfortably cushioned life today, Satya happily resides in Bellevue, Washington, the USA with his wife and three children. He has inspired innumerable millennials and else to dedicate themselves to their career, work hard and see the change happening. Running after materialistic goods may not be a bad trait but running after it without having to put any effort may not get you what you are looking for and Satya has set a pretty convincing example of the same.

“Success can cause people to unlearn the habits that made them successful in the first place” Satya Nadella, CEO, Microsoft

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DOUGLAS MCMILLON, YOUNGEST CEO IN THE HISTORY OF WAL-MART https://theceo.in/top-ceo-profiles/douglas-mcmillon-youngest-ceo-in-the-history-of-wal-mart/ https://theceo.in/top-ceo-profiles/douglas-mcmillon-youngest-ceo-in-the-history-of-wal-mart/#respond Mon, 18 Nov 2019 05:05:28 +0000 https://theceo.in/?p=65805 C. Douglas McMillonDOUGLAS MCMILLON, YOUNGEST CEO IN THE HISTORY OF WAL-MART Yashasvi Khushu || The CEO Magazine Sitting at a net worth of $100 million is the youngest CEO in the history of Wal-Mart, C. Douglas McMillon, the President And Chief Executive Officer of the world’s largest private workforce, with 2.3 million employees at the Wal-Mart Stores, […]]]> C. Douglas McMillon

DOUGLAS MCMILLON, YOUNGEST CEO IN THE HISTORY OF WAL-MART

Yashasvi Khushu || The CEO Magazine

Sitting at a net worth of $100 million is the youngest CEO in the history of Wal-Mart, C. Douglas McMillon, the President And Chief Executive Officer of the world’s largest private workforce, with 2.3 million employees at the Wal-Mart Stores, Inc. (Wal-Mart).

‘Saving people money so they can live better’, the mission that Wal-Mart believes in is being led under the management of Douglas strongly. Today, in his supervision, the brand name has bought together a vast logistics network, digital commerce capacity, stores, and means of empowering the customers wherever, whenever and however they would want.

C. Douglas McMillon

Wal-Mart has opened thousands of stores in the U.S. and expanded internationally. Through innovation, they create a seamless experience to let customers shop anytime and anywhere online, through mobile devices and in stores. They are creating opportunities and bringing value to customers and communities around the globe. Wal-Mart operates over 11,200 stores under 55 banners in 27 countries and eCommerce websites in 10 countries. They employ approximately 2.2 million associates around the world out of which 1.5 million are in the U.S. alone.

Douglas completed his graduation in Bachelor of Science in Business Administration from the University of Arkansas and later from the University of Tulsa; he earned his MBA in Finance. In February 2009-2014, he had to his administration a rapidly growing segment of the overall operations of the company, Wal-Mart International. This segment took care of 26 countries outside the USA with approximately 800,000 associates and 6400+ stores to take care of. Before that, from 2006 to 2009, he was serving as the president of Sam’s Club; this is an operating segment at Wal-Mart which generated approximately $50 billion annual revenue during his tenure.

C. Douglas McMillon has a long history with Wal-Mart, the culture of the company and the associates working in it. This guy started young in 1984 with the brand as a summer associate working on an hourly basis at one of the distribution centres. Later in 1990 he came back to the company and joined as an assistant manager while pursuing his MBA in Tulsa, Okla before he shifted his interest to merchandising and changed his job to a buyer trainee in the same company. He achieved new heights with time and successfully played a significant role in various esteemed leadership positions in the business segment at Wal-Mart. His heart of a merchant completely comprehends the consumer’s mind and towards what direction are they heading.

Serving on multiple boards of Wal-Mart, the U.S.-China Business Council, Crystal Bridges Museum of American Art as the Director, and the Consumer Goods Forum, Douglas also takes care of the advisory board in Beijing, China for the Tsinghua University School of Economics and Management and serves as the advisor to Dean at the University of Arkansas for Walton College of Business.

Born on 17 October 1966 and originally from Bentonville, Arkansas, US, This CEO has been recognized by ‘The World Economic Forum’ as a ‘Young Global Leader’. With Douglas coming into the picture, Wal-Mart has collaborated and strengthened with others providing equal opportunity of transformations. He has taken up sustainability, community, and opportunity in potential and needs worthy areas to create shared value for the society and the customers, both.

Wal-Mart Foundation provides more than $1 billion in cash and in-kind to support programs that align with their philanthropic priorities. Their ability to draw on Wal-Mart’s business strengths, providing more than just funding, helps them in delivering greater societal impact. Today because of the efforts of the Foundation, they create opportunities for people to live better every day.

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MUKESH AMBANI- THE LEGENDARY BUSINESS TYCOON https://theceo.in/top-ceo-profiles/mukesh-ambani-the-legendary-business-tycoon/ https://theceo.in/top-ceo-profiles/mukesh-ambani-the-legendary-business-tycoon/#respond Wed, 13 Nov 2019 11:55:14 +0000 https://theceo.in/?p=65762 Mukesh-AmbaniMUKESH AMBANI- THE LEGENDARY BUSINESS TYCOON Puja Bhardwaj || The CEO Magazine The business tycoon and chairman of the conglomerate empire, Reliance Group, Mukesh Dhirubhai Ambani is among the richest people in the world. He is considered as the face of new emerging India. His brilliance and success can be found from the fact that […]]]> Mukesh-Ambani

MUKESH AMBANI- THE LEGENDARY BUSINESS TYCOON

Puja Bhardwaj || The CEO Magazine

The business tycoon and chairman of the conglomerate empire, Reliance Group, Mukesh Dhirubhai Ambani is among the richest people in the world. He is considered as the face of new emerging India. His brilliance and success can be found from the fact that his company is presently India’s most valuable company in terms of market value. Reliance Industries has earned the reputation of being one of the largest private-sector enterprises in the country, and a Fortune 500 company in the global market.

Mukesh-Ambani

Born on 19 April 1957 in Aden, (now Yemen), Mukesh is the eldest son of late Dhirubhai Ambani, the founder of Reliance Industries. He is a Chemical Engineer from the Institute of Chemical Technology, Mumbai. He pursued an MBA from Stanford University in the US. After completing his education, he joined ‘Reliance Industries’ and assisted his father in the establishment of the textile industry.

Mukesh has been the part of the Reliance board since 1977. Gradually, with his outstanding affords and sincerity, he developed the business in different segments like retail, telecommunication, and petrochemicals. In 2002, after the death of Dhirubhai, Mukesh and Anil Ambani were assumed to lead the company jointly. Although feuds between the brothers over control prompted his mother, Kokilaben Ambani, to split the assets of Reliance through a noncompetition agreement.

A NEW CHAPTER OF INDIAN BUSINESS

While following his father’s footsteps of “date to dream and learn to excel”, Mukesh has taken over the reign and responsibility of Reliance Industries Limited and made the company a global entity. Under his leadership, the world’s largest grassroots petroleum refinery was set up by Reliance.

He has successfully lead the petrochemical manufacturing capacities of Reliance and taken it from a million tonnes to over thirteen million tonnes on the yearly basis.

He has boosted Reliance Industries to branch out into offshore, deepwater oil and gas exploration and production programs, a petroleum retail network across the country and many other areas.

He also set up Reliance Communications Limited, focussed on mobile communication. His Reliance Retail Ltd is now the largest retailer in India.

Apart from the leading position in the Reliance Group, Mukesh is a member of the board of directors of Bank of America Corporation. He is also serving as a member of the international advisory board of the Council on Foreign Relations.

He is a former Chairman of IIM, Bangalore (Indian Institute of Management, Bangalore).

He owns the Indian Premier League team, the Mumbai Indians and also famous for having the world’s most expensive house in Mumbai named ‘Antilia’.

FEATHERS IN THE CAP

  • Mukesh Ambani received 42nd rank in the list of World’s Most Respected Business Leaders in a survey conducted by Pricewaterhouse Coopers and published in Financial Times, London in 2004.
  • Asia Society, Washington D.C., USA awarded him with the Asia Society Leadership Award.
  • Total Telecom awarded him with the World Communication Award for the ‘Most Influential Person in Telecommunications in 2004’.
  • He was ranked 13th in Asia’s Power 25 list of ‘The Most Powerful People in Business’ published by Fortune magazine in 2004.

In the contemporary era, Mukesh Ambani is representing modern Indian business that stands to show a bold image of the Indian business sector, which is advance, evolving and revolutionary. He will always be an inspiration for business world and the idol of every young Indian who aspires to make a name for himself in the corporate world.

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Stefano Pessina: Heading Walgreens Boots Alliance https://theceo.in/top-ceo-profiles/stefano-pessina-heading-walgreens-boots-alliance/ https://theceo.in/top-ceo-profiles/stefano-pessina-heading-walgreens-boots-alliance/#respond Mon, 11 Nov 2019 07:15:51 +0000 https://theceo.in/?p=65702 stefano pessinaStefano Pessina: Heading Walgreens Boots Alliance Purnima Narang || The CEO Magazine Heading the world’s largest drugstore chain, Walgreens Boots Alliance, Stefano Pessina holds a crucial position in the industry. The Italian-born billionaire businessman holds the responsibilities of being the vice-chairman and CE (Chief Executive Officer) along with the largest single shareholder of Walgreens Boots […]]]> stefano pessina

Stefano Pessina: Heading Walgreens Boots Alliance

Purnima Narang || The CEO Magazine

Heading the world’s largest drugstore chain, Walgreens Boots Alliance, Stefano Pessina holds a crucial position in the industry. The Italian-born billionaire businessman holds the responsibilities of being the vice-chairman and CE (Chief Executive Officer) along with the largest single shareholder of Walgreens Boots Alliance. The visionary has been leading the brand towards excellence with his strategies. He has bought over 1,500 rival companies across Europe, merged his UniChem Group with Alliance Boots and took it private in a $22 billion deal.

stefano pessina

Born in Pescara, the visionary grew up between Milan, Como and Naples. Pessina graduated from the Polytechnic University of Milan in nuclear engineering and started his career in academia. He later joining market research firm ACNielsen in Milan. Pessina married his partner in 1985 Ornella Barra who is also the Co-Chief Operating Officer of Walgreens Boots Alliance. Pessina divorced and has two adult children.

A driving force behind the merger of Walgreens and Alliance Boots, leading the brand to become the largest retail pharmacy, health and daily living destination across the U.S. and Europe. The global pharmacy-led, health and wellbeing enterprise has a presence in more than 25* countries and employs more than 440,000* people with its equity method investments.

Pessino took over his family’s pharmaceutical wholesaler in Naples and remodelling it into a Franco-Italian pharmaceutical wholesale group, Alliance Santé. Later the company merged with Alliance UniChem in 1997. He served as the CEO from 2001 to 2004 and later as deputy chairman, and as chairman.

In 2006, the company merged with Boots Group PLC was taken private in July 2007. Being the Executive Deputy Chairman of Alliance UniChem, Stefano led the company’s merger with Boots Group PLC in 2006. The following year, he also oversaw the acquisition of Alliance Boots by AB Acquisitions. The acquisition with the company jointly backed by Stefano and the private equity firm Kohlberg Kravis Roberts led the brand’s growth as it took the group private.

He remained as the chairman of Alliance Boots from 2007 to 2014 and currently serves as Executive Vice Chairman and Chief Executive Officer. He holds the position of director of Walgreens Boots Alliance along with being the director of the Consumer Goods Forum.

Transforming healthcare, Stefano took a crucial step towards achieving his vision. The brand Walgreens Boots Alliance was created on December 31 2014. The novel global enterprise includes the world’s largest drugstore chain in the U.S., Walgreens; the market leader in European retail pharmacy, Boots and a leading international wholesaler and distributor, Alliance Healthcare.

Stefano’s strategic vision enabled the brand to expand further and faster to enhance its position as an international leader in the healthcare services and beauty industries.

Stefano’s worked towards his vision to create one of the largest global pharmaceutical wholesaler and distribution networks with over 400 distribution centres delivering to more than 240,000 pharmacies, doctors, health centres and hospitals each year in 20 countries.

The brand is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products and has worked with various companies to benefit from greater scale and global opportunities while working together on programmes to improve service levels and efficiencies.

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