Kering’s François-Henri Pinault is third on the list. Pablo Isla, who lead the ranking last year, is no longer on the ranking after he switched his role to chairman.
Long-known surnames top again the list of fashion’s best CEOs. François-Henri Pinault, CEO of Gucci-parent Kering, leads the sector’s group, finishing third on the list. Rival Bernard Arnault, of LVMH, was next in line, with the tenth position, according to the Harvard Business Review’s Best-Performing CEOs in the World study.
Last year, the first position was for Pablo Isla, Inditex CEO, who’s no longer on the classification after Carlos Crespo was named CEO last June. Isla remains chairman of the group.
The next on the fashion pack is L’Oréal’s Jean-Paul Agon, who finished 19th followed by Nike’s Mark Parker. He would no longer have the chance to get to number one, since Nike announced Tuesday that Parker will become executive chairman, while John Donahoe will be named CEO and president next January.
Luxury and cosmetics have the most CEOs on top positions
Harvard Business Review analyzes both financial performances as environmental, social and governance ratings, a criteria that has been upped this year to 30%. This is the reason why Jeff Bezos has been knocked-out from this year’s list, because Amazon’s ESG scores were lacking.
Givaudan’s Gilles Andrier; Esteée Lauder’s Patrizio Freda and Gildan Activewear’s Glenn Chamandy Rank next, in the 30th, 39th and 49th positions. Next in line are two Japanese executives: Shisheido’s Masahiko Uotani and Fast Retailing’s Tadashi Yanai, who finished 54th.
At the top of the global list is Nvidia’s cofounder Jensen Huang. This year there are only four female CEO son the list, compared to three women last year.