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 |
The Champions League of investment banking
Is the banking boom sustainable?
Investment banks continued to ride high in 2006 on good fundamentals and the added boost of strong hedge fund and private equity activity, proprietary trading and continuing globalization.
Thanks for your interest in Euromoney!
To unlock this article: