ITC CEO best in India, seventh best in the world: Harvard Business Review

Y. C. Deveshwar, the chairman of ITC Ltd, has been ranked the seventh best-performing CEO in the world.

He was so ranked in the January-February issue of the Harvard Business Review (HBR), which gave details of its ‘100 Best Performing CEOs in the World’.

Deveshwar ranked first amongst the Indian CEOs featured in the 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 first day in office to August 31, 2012 (adjusted for country and industry effects), as well as the overall increase in market capitalisation.