Firoz lalji worst ceos of 2017

Responsible for a mammoth data breach that affected million Americans, Smith somehow managed to turn a national crisis into a public relations nightmare. Failing to recognize that a cyberattack had occurred, hackers continued to access sensitive information for 10 weeks. And Equifax botched the response in every way that mattered, adding to customer frustration and confusion.

The stock lost more than a third of its value in the week following the disclosure and Smith wisely resigned.

Firoz lalji worst ceos of 2017

Immelt more or less ran the company into the ground before stepping down in August. I think the ride hailing startup dodged a bullet by avoiding both Immelt and Whitman. We debated for hours and finally succumbed to the effects of the nog and called it a night. Sign up here to receive my latest posts directly in your inbox. My Portfolio News Latest.

Stocks: Most Actives. Credit Cards. Best and worst CEOs of Jade Scipioni. Updated Fri, Dec 29, , PM. Story Continues. Macy's has reported multi-year revenue declines, which can be expected for the foreseeable future. Macy's stock buybacks may have helped bolster earnings per share but did not keep the company's value from plummeting. Macy's took steps earlier in to accelerate actions Lundgren should have taken much sooner.

Under Armour UA is a great story of a company that grew from a basement operation into a powerhouse in a relatively short time, and Kevin Plank deserves much of the credit for that. Yet sometimes the founder of a company is not the best captain of the ship when navigating choppy waters. The sports-apparel business is dominated by Nike and Adidas, and Under Armour grew enough that it is now in a war for market share and faces constant margin pressure.

Plank made one attempt to remedy the situation by bringing in outsider Patrik Frisk to be president and chief operating officer. However, with Plank remaining as chief executive and chairman, Frisk might find it harder to bring about change. The company's April stock split effectively gave Plank a super-vote and control of the company, and the stock has fallen even more since the split.

However, founder Matt Salzberg may have waited too long for its initial public offering in June Still, the IPO is but a small issue in the company's larger struggles. Salzberg tried to address some of the problems with layoffs just a few months after the IPO. He would like Wall Street to value Blue Apron as a technology company that can put off profits for growth.

Blue Apron recently decided it was time for new blood to help fix what may be a broken model. Salzberg has been ousted as CEO but remains chairman. Even ahead of the IPO, Snap tried to call itself a camera company rather than a social media company, a move that raised eyebrows in the investment community. Despite securing media deals for its Snapchat platform, Snap has struggled to find newer or more lucrative avenues in its monetization efforts.

The company also seems unable to prevent Facebook from copying its every move. The recent redesign could have been made long ago, and the main solution to the problem of how to monetize a product that vanishes in a few seconds remains elusive. The company's voting structure has so far prevented any attempts to oust Spiegel and will likely make any future attempt difficult.

Dorsey's return has not improved the situation at the company. In comparison with the share price of large rival Facebook, these results are particularly painful for shareholders. Twitter has become nearly ubiquitous as a social medium because of the constant presence of President Donald Trump and a slew of celebrities who have tens of millions of Twitter followers.

Katy Perry tops the list with about million followers. Some analysts believe Dorsey is too busy running Square, another public company, when he needs to devote his time to the deeply troubled Twitter. Qualcomm QCOM had been one of the greatest growth stories of the modern era, dominating the smartphone and mobile internet products landscape. Much of the company's expansion occurred under the leadership of the Jacobs family.

Before taking over as chief executive in , Steve Mollenkopf was Qualcomm's chief operating officer and president from to Before that, he had led much of the company's development for years. The company has been mired in litigation over royalty and antitrust issues, including with Apple, which Qualcomm could lose as a customer. Many industry observers claim settling these issues would have benefited Qualcomm, but so far management has chosen to contest them.

Investors also are concerned about the company's future growth and its ability to diversify beyond chips for mobile. So far, however, it seems like Qualcomm has fumbled the deal. The decision was made even though the problems had happened on Sloan's watch as well. Since Sloan took over as CEO, matters have gotten worse. The San Francisco, California-based bank has had to face other issues, too.

There were accusations that it conducted business practices that hurt mortgage and car loan clients. And Wells Fargo was also charged with overcharging foreign exchange customers. Oscar Munoz has had to respond to several embarrassing incidents at United UAL since he became CEO two years ago -- and he did not always handle them well. The worst incident was when a passenger was beaten by security personnel as he was taken off a plane in April.

The reaction by Munoz, which was to ignore the issue and then blame the customer, was widely condemned. Such events do not make or break a CEO. In April, the board amended a plan to make Munoz chairman. That action occurred shortly after the incident regarding the passenger.