CEOs all like to think of themselves as good bosses, but the employees who work under their regime hear a different answer. Glassdoor’s new list of the best CEOs to work for in 2018 let the employees speak for themselves in their feedback. The annual approval rating scale is based on the insights of 40 million reviews from employees at more than 770,000 companies with 1,000 or more employees.
With a 99% CEO approval rating, Zoom Video Communications Eric S. Yuan topped the list, breaking ground as the first time a person of color had earned the No. 1 spot. “This award represents the culture that [my employees] have built as much as it does any achievement on my part. Thank you to each and every one of them,” he said in a statement.
Here were the CEOs, and their companies, that landed in the Top 10 spots:
- Zoom Video Communications Eric S. Yuan
- Boston Scientific’s Michael F. Mahoney
- DocuSign’s Daniel Springer
- In-N-Out Burger’s Lynsi Snyder
- St. Jude Children’s Research Hospital’s James Downing
- Power Home Remodeling’s Corey Schiller & Asher Raphael
- H-E-B’s Charles C. Butt
- LinkedIn’s Jeff Weiner
- Wegmans Food Markets’ Colleen Wegman
- Salesforce’s Marc Benioff
Too few women and minorities on the list
Technology companies made a strong showing on the list, representing 26 CEOs on it, although some of them experienced hits to their approval rating. Embattled Facebook CEO Mark Zuckerberg dropped from No. 10 to No.16 in a year, and Apple’s Tim Cook dropped 43 spots from No. 53 in 2017 to No. 96 in 2018.
As you look at the top 100 spots, an overall pattern becomes clear: few women and minorities are in these top positions. Only eight of the CEOs on the list are women, consistent with how many appeared last year on the list as well.
It’s lonely for women who make it to the corner office. Only 32 women CEOs were in the Fortune 500 list of CEOs in 2017, a number that dropped down to 24 in 2018.