January exemplified the contrarian value the CEO pack represents and the high levels of interest in their performance. Some leading CEOs for the month were in the limelight due to controversies. While in India, Satyam’s former Chairman Ramalinga Raju’s fall from grace was front-page news, in international media Merrill Lynch’s former boss Thain was accused of giving out huge bonuses amidst signs of financial hubris.
CEO of the Month
Satyam’s Ramalinga Raju continued to be the most written about CEO for the month with the count of stories jumping to 404 from 110 in December. Sharing business progress with media and, in turn, stakeholders was the key mandate for CEOs in media. ICICI Bank’s Chanda Kochhar, the most favourably reported CEO for the month, featured in Fortune magazine’s list of the 50 Most Powerful Women in Business and Barron’s list of the World’s 30 Most Respected CEOs.