Nexteer Chairman and Chief Executive Officer Guibin Zhao Topped Fortune Businessperson of the Year
- Written by ACN Newswire
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"Fortune" selection highlights the list of businessperson's capabilities to bring "true results" to their companies, including financial performance, shareholder returns, business influence, leadership style, strategic initiatives and other 10 indicators.
Top 1 person on Businessperson of the Year 2016 list was Facebook CEO Mark Zuckerberg. Top 2 was Amazon CEO Jeff Bezos. Other entrepreneurs include Alibaba Group founder Yun Ma (ranked No. 10), Apple CEO Tim Cook (ranked No. 11), and Starbucks CEO Howard Schultz (ranked No. 29) and etc.
Since Aviation Industry Corporation of China acquired Nexteer, Mr. Guibin Zhao has been Chairman of the company, and he is also the Chief Executive Officer since June 2012. Followed by the continuous and profound changes led by Mr. Guibin Zhao, Nexteer becomes an independent global company from auto parts unit of General Motors. The company efficiency and profitability has been greatly improved. Now it has been successfully listed on the Hong Kong Stock Exchange, with significant benefit to shareholders.
"Fortune" commended Guibin Zhao: Once an auto parts unit of General Motors, Nexteer is now majority owned by Aviation Industry Corporation of China. Under Zhao, CEO since mid-2012, the company has stepped up revenue 71% and quintupled its earnings.
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