Is This The Year's Worst CEO?

Is This The Year's Worst CEO?

The winner of this year's Worst CEO of the Year, awarded annually by this column, isn't a CEO at all, but might as well be: Sears Holdings Chairman Eddie Lampert, who is highly regarded by many on Wall Street for delivering a steady stream of super-sized returns as head of ESL Investments.

If it's any consolation, Lampert didn't win by a landslide. There were simply so many excellent contenders and reader nominations that it was hard to choose.

Some, like Chuck Prince, formerly of Citigroup, and Ed Zander, of Motorola, are out of their jobs, which takes them out of the running. Also on the list until Wednesday was Peter van Stolk of Jones Soda, an entrepreneur who appeared to be in well over his head as his company attempts a transition to the big time. However, like Zander, he has agreed to leave his job by year-end.

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