Which bank CEOs deliver the best returns for shareholders?

Any football supporter will tell you that the team is usually only as good as the person who runs it. The same applies to investment banking. The CEO sets the agenda for the entire firm. It is a highly pressurized role that will culminate in their removal if the team they manage fails to perform. And the performance that ultimately matters for bank CEOs is to deliver returns to shareholders.

Which bank CEOs deliver the best returns for shareholders?
CAGR of market cap for length of tenure
Rank	CEO	Bank	CEO tenure (years)	Compound annual growth	2006 growth
1	Lloyd Blankfein	Goldman Sachs	1	49.3%	49.3%
2	John Mack	Morgan Stanley	1	44.1%	44.1%
3	Dick Fuld	Lehman Brothers	12	31.5%	21.1%
4	Ossie Grubel	Credit Suisse	3	27.3%	48.0%
5	Josef Ackermann	Deutsche Bank	4	25.0%	30.2%
6	Stan O'Neal	Merrill Lynch	4	23.7%	32.2%
7	Baudouin Prot	BNP Paribas	3	23.6%	49.6%
8	Peter Wuffli	UBS	3	20.5%	36.5%
9	Jimmy Cayne	Bear Stearns	13	18.0%	45.3%
10	Daniel Bouton	Société Générale	13	17.3%	46.5%
11	Stephen Green	HSBC	1	15.6%	15.6%
12	John Varley	Barclays	2	13.3%	36.5%
13	Fred Goodwin	RBS	5	12.3%	28.5%
14	Rijkman Groenink	ABN Amro	6	10.3%	22.9%
15	Jamie Dimon	JPMorgan	2	9.9%	0.2%
16	Charles Prince	Citigroup	3	3.0%	13.2%
Source: Euromoney, Bloomberg

This is archived content. Your current settings does not currently allow access to the archive. To gain access visit the subscription page or call our hotline on +44 (0)207 779 8999.

Subscribers to Euromoney benefit from:

Level 1:

Online access to the past 12 months content
Tailored RSS news feeds direct to your desktop
News delivered directly to your mobile device or PC
Personalised email newsfeed of 'Top stories' and 'Breaking news'

Level 2:

Exclusive access to euromoney.com - Read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 2000
12 monthly issues of Euromoney magazine
More than 30 specialist research guides free
The results of Euromoney’s polls and surveys
Tailored RSS news feeds direct to your desktop
News delivered directly to your mobile device or PC
Personalised email newsfeed of 'Top stories' and 'Breaking news'

Click here to subscribe

Selling short

FX poll 2008:

Which bank CEOs deliver the best returns for shareholders?

Subscribe

Board stupid

Top 10 financial definitions that are funnier since the credit crunch

Hedge funds seek out Middle East alpha

Fixed-income derivatives rankings - Interest rate derivatives: The rates business rated for 2008

GCC economies: A compelling opportunity for asset managers

Credit default swaps: Monolines face litigious and costly endgame

Plans Look To The New Frontier

Fixed-income derivatives rankings - Interest rate derivatives: The rates business rated for 2008

Infrastructure funding: Experience counts on the road to Farac II

Fixed-income derivatives rankings - Interest rate derivatives: The rates business rated for 2008

And for his next trick… Botín weaves his magic at Santander

Board stupid: The first story revealing the lack of financial expertise among the boards of the world's largest financial institutions

Credit default swaps: Monolines face litigious and costly endgame

Hedge funds seek out Middle East alpha

Latest Issue