Larry Page emerges as ‘business person of the year’ 2014
As per the Fortune magazine, this year Google’s Larry Page has emerged as the ‘business person of the year’ for 2014. He has left behind its competitors like Alibaba co-founder Jack Ma and Facebook CEO Mark Zuckerberg. Page is the CEO and co-founder of Google and he grabbed the top position in the list of 20 global corporate leaders.
The other important people who made to the list are Apple’s Tim Cook and fast food chain Chipotle co-CEOs — Montgomery Moran and Steve Ells — and Fedex chairman & CEO Fred Smith. Apart from this, five women are also the part of this list, these are Ultra Beauty CEO Mary Dillon, ITT CEO and President Denise Ramos, TJX Cos CEO Carol Meyrotwiz, Theranos Founder and CEO Elizabeth Holmes and Williams-Sonoma President and CEO Laura Alber. On the contrary, Amazon’s Jeff Bezoz, who topped the list in 2012, was made a part of it this time.
In a statement, the magazine stated that, as Google’s core business continues to thrive, Page, who topped the list, is making ‘huge bets on new technology — ingestible nanoparticles, balloons that beam down broadband — that could define the future’.
This list is compiled on the basis of parameters such as financial results of the company including 12-month and three year growth in profits and revenues, company’s stock performance and total shareholder returns over the same periods.
