SEE THE 2019 WINNERS
In today’s transformative retail landscape, no retailer can thrive without a strong CEO at the helm. While the success of a CEO is typically judged by a company’s revenue, stock price, and growth, the views of the retailer’s employees are just as important to determine success. If a retail CEO doesn’t have respect and loyalty from his/her workforce they will be unable to implement their agenda. Trust in senior leadership is a leading factor underlying long-term employee satisfaction and highly-rated CEOs are statistically linked to companies with great cultures and financial performance, according to Glassdoor Economic Research.
In its annual Employees’ Choice Awards, honoring the Top CEOs in 2019, glassdoor utilizes input of employees who voluntarily provide anonymous feedback by completing a company review about their CEO’s leadership, along with insights into their job, work environment and employer over the past year. Specifically, when rating their CEO on Glassdoor, employees are asked to report whether they approve or disapprove of or have no opinion about their CEO’s performance.
Across the approximately 900,000 employers reviewed on Glassdoor, the average CEO approval rating is 69%.
This year, Glassdoor CEOs feature six distinct company categories across the U.S., Canada, UK, France and Germany. In the U.S., seven retailers made the list of the 100 Top CEOs (honoring CEOs at employers with 1,000 or more employees). Here we take a look at each of the seven CEOs and the impact they have on their company and employees.
7 Best U.S. Retail CEOS in 2019
#1 (2) Charles C. Butt, H-E-B
Butt took a No. 2 spot on Glassdoor’s Employees’ Choice Awards, making him not just a top retail CEO but landing him on the top 10 list of all the top 100 CEOs in the U.S. Butt succeeded his father as H-E-B president in 1971, when the company had 6,000 employees, about 120 stores and $221 million in annual sales. Currently, the company operates more than 400 stores in Texas and Mexico, has more than 116,000 Partners and post annual sales over $26 billion. H-E-B is a privately owned supermarket chain known for its employee-centric business approach and at least some of the credit goes to Butt, evidenced by his 99% approval rating. The generous H-E-B employee benefits include: scheduled raises, bonuses, discounts, flexible schedules and upward mobility. Employees Approve: 99%.