updated 11:10 pm EDT, Thu March 31, 2011
Dell and Ballmer compete for last place
Despite Steve Jobs' presence at the top of Barron's latest list of 'Most Valuable' CEOs, the Apple co-founder has slipped behind Google head Eric Schmidt in terms of CEO approval ratings. The Glassdoor survey, which includes data from company employees, suggests that Jobs still holds a 95 percent approval rating for the year spanning from March 2010 to March 2011, down from 98 percent the previous year.
Interestingly enough, Schmidt's rating has climbed from 93 percent to 96 percent during the same period of time. The Google veteran in January announced his departure from the search giant, citing the move as necessary to resolve a problem with over-distributed power between himself and co-founders Larry Page and Sergey Brin.
The reason for Jobs' drop in approval rating is unclear, as his leadership has been viewed as pivotal in the company's high-profile and successful product launches through the last year. The company has been criticized, however, for failing to provide full details regarding Jobs' health. The iconic executive is currently continuing a medical leave of absence, though he did make a public appearance for the iPad 2 launch.
At the bottom of Glassdoor's ratings, Michael Dell and Microsoft's Steve Ballmer hold respective approval ratings of 48 and 40 percent. Amazon chief Jeff Bezos maintained a relatively high rating of 83 percent, while Oracle's Larry Ellison slid from 77 to 73 percent. Yahoo CEO Carol Bartz showed the largest decline, falling from 77 percent to a 50 percent approval rating in one year. [via TechCrunch]