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ITC Paperboards and Specialty Papers Division - The ITC Chairman ranks first amongst the Indian CEOs featured in this HBR list.

The ITC Chairman ranks first amongst the Indian CEOs featured in this HBR list.


Oct 01 2012

The ITC Chairman  ranks first amongst the Indian CEOs featured in this HBR list. The 2013 global  HBR CEO scorecard looked at how much total shareholder returns had changed over  a time period from the CEO's  1st day in office to 31st August 2012 (adjusting for country and  industry effects), as well as the overall increase in market capitalisation.

Harvard Business Review introduced this evaluation in 2010  and their endeavour was to implement a scorecard that would not only get people  talking about long-term performance but also alter the way that boards,  executives, consultants, and management scholars thought about and assessed  CEOs. According to the Harvard Business Review, "we wanted this innovation  to shine a spotlight on the CEOs worldwide who had created long-term value for  their companies, and we wanted to give executives around the world critical  benchmarks they could aim for". Nearly 2,000 CEOs were ranked. The new  version – January-February 2013 has been expanded along two important new  dimensions— making the group of CEOs that were studied truly global, and examining  which CEOs and companies were able to do well not only financially but also in  terms of corporate social performance.

This global recognition acknowledges Mr Deveshwar's vision  and inspiring leadership in transforming ITC into a leading diversified multi-business

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