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Steve Jobs named "Fortune" magazine's CEO of the Decade

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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-05-09 07:44 PM
Original message
Steve Jobs named "Fortune" magazine's CEO of the Decade
Edited on Thu Nov-05-09 07:45 PM by Tesha
http://money.cnn.com/2009/11/04/technology/steve_jobs_ceo_decade.fortune/index.htm

The decade of Steve

How Apple's imperious, brilliant CEO
transformed American business.

By Adam Lashinsky, editor at large
Last Updated: November 5, 2009: 8:13 AM ET



He revived Apple and remade entire industries, defying the worst economic
conditions since the Great Depression -- and his own serious health problems.


(Fortune magazine) -- How's this for a gripping corporate story line: Youthful founder
gets booted from his company in the 1980s, returns in the 1990s, and in the following
decade survives two brushes with death, one securities-law scandal, an also-ran product
lineup, and his own often unpleasant demeanor to become the dominant personality in
four distinct industries, a billionaire many times over, and CEO of the most valuable
company in Silicon Valley.

Sound too far-fetched to be true? Perhaps. Yet it happens to be the real-life story of
Steve Jobs and his outsize impact on everything he touches.

The past decade in business belongs to Jobs. What makes that simple statement even
more remarkable is that barely a year ago it seemed likely that any review of his
accomplishments would be valedictory. But by deeds and accounts, Jobs is back.

It's as if his signature "one more thing" line now applies to him as well. After a six-
month leave of absence in the early part of this year, during which he received a liver
transplant, he is once again commanding a 34,000-strong corporate army that is as
powerful, awe-inspiring, creative, secretive, bullying, arrogant -- and yes, profitable --
as at any time since he and his chum Steve Wozniak founded Apple in 1976.

<more>

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paulsby Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-05-09 07:45 PM
Response to Original message
1. i respect jobs SO much
that i bought pixar stock when he took over.

needless to say, that worked out well

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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-05-09 07:55 PM
Response to Original message
2. I like Steve Jobs, but "transformed American business"? Gimme a break
"American business" is in the crapper. Was it Steve Jobs who "transformed" it from what it was ten years ago to what it is now? He should be ashamed if he did it. Or is it just another steaming pile of crap from America's financial press, who have nobody else to brag up on?

Disclaimer: I have a sizeable unrealized profit in Apple stock I bought back in the 80's before the introduction of the Macintosh, when you could actually afford it. So I have nothing but admiration for Jobs. I have a pretty low opinion of Fortune magazine however, and the rest of the "Dow 15000" cheerleaders in the financial media.
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-05-09 07:57 PM
Response to Reply #2
3. Apple isn't "in the crapper"; it's done rather well, even in the last few years. (NT)
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