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Elon Musk and Bob Iger top the list of America’s most overrated CEO as ranked by their peers

Jan 31, 2024 · fortune.com
Elon Musk and Bob Iger top the list of America’s most overrated CEO as ranked by their peers
Elon Musk, CEO of Tesla and SpaceX, has been voted the most overrated CEO for the second year in a row, according to Fortune's annual list of most admired companies. Musk's ambitious goals, such as colonizing Mars and creating self-driving cars, have been criticized as unrealistic and dangerous. Tesla has also faced increased competition and slower growth, leading to a 25% drop in its stock since the start of the year.

Disney's Bob Iger was voted the second most overrated CEO, with Disney falling out of the top-10 All-Stars list for the first time since 2012. Despite Iger's efforts to return the company to profitability, Disney's shares have fallen 9% year over year. On the other hand, Microsoft's Satya Nadella was voted the most underrated CEO for the eighth consecutive year, following a year of significant achievements including the acquisition of Activision Blizzard.

Key takeaways

  • Elon Musk, CEO of Tesla and SpaceX, has been voted the most overrated CEO for the second year in a row, according to Fortune's annual list of most admired companies.
  • Musk's ambitious goals, such as colonizing Mars and creating self-driving cars, have been criticized as unrealistic and potentially dangerous by industry experts.
  • Disney's Bob Iger was voted the second most overrated CEO, with Disney falling out of the top-10 All-Stars list for the first time since 2012.
  • Microsoft's Satya Nadella was voted the most underrated CEO for the eighth consecutive year, following a year of significant achievements including the acquisition of Activision Blizzard.
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