A lot more ink is spilled in the business press complaining about big bad bosses rather than praising the good ones.
Inc. magazine published a story detailing the nation's most-loved chief executives, and two local gents made the list. An annual survey uses data compiled by the Glassdoor.com career website, which relies on employee feedback. The website compiled two lists of the highest-rated CEOs – the top 51 at big companies and the top 25 at small and midsize companies.
On the list of large companies, Minneapolis-based U.S Bancorp's CEO Richard Davis ranked 12th, with an approval rating of 93 percent among his employees. In the CEO Pay Watch feature published regularly in the Star Tribune, Davis' compensation was tracked earlier this month. The story noted that "Davis realized $15.5 million in total compensation during 2013, up from $9.3 million the previous year." The story went on to note the board’s compensation committee gave him the bump “in recognition of his important value to the company, including his outstanding leadership at the company and in the financial services industry.”
Hubert Joly, the CEO of Richfield-based Best Buy, came in at No. 49 with a 79 percent approval rating. Joly has been credited with improving morale at the world's largest electronics retailer even as jobs have been cut and stores closed under his leadership.
At big companies, LinkedIn CEO Jeff Weiner was ranked first this year, with employees ranking his performance at 100 percent. Facebook's Mark Zuckerberg dropped from first last year to ninth this year, as his approval rating fell by 6 percent.