H-E-B CEO Charles Butt Named a Top CEO
SAN ANTONIO, TX - CEOs from across the nation duked it out (figuratively) for Glassdoor’s Top CEO list for 2019, and H-E-B’s Chairman and CEO, Charles Butt, was ranked second out of 100. The rankings were based entirely on anonymous employee feedback, and Charles Butt received a whooping 99 percent approval rating—clearly a tremendous accomplishment.
Taking on competing retailers, Charles Butt beat out the likes of Costco, whose CEO, Craig Jelinek, placed at 42 with a 95 percent approval rating, and Trader Joe’s, whose CEO, Dan Bane, placed at 93, with a 91 percent approval rating. His appointment to the number two spot is an improvement on last year's list, where he was ranked number seven.
Charles Butt’s high approval rating might be due, in part, to his success leading H-E-B to world-class store status with one of the most successful private label programs in the country and state-of-the-art digital products and services, according to a press release. Charles Butt, who succeeded his father as company President, has helped build H-E-B into a retail powerhouse, operating more than 400 stores with annual sales over $26 billion.
To view the entire list of Glassdoor’s Top CEOs of 2019, click here.
Will these rankings spark further competition between retailers, as CEOs jockey for position? AndNowUKnow will share the deets.