Two Indians among most powerful US CEOs under 40
Two Indian CEOs have been named among America's most powerful CEOs under the age of 40 — who head publicly-traded companies with highest market values — in a Forbes magazine list.business Updated: Mar 13, 2014 02:03 IST
Two Indian CEOs have been namedamong America's most powerful CEOs under the age of 40 — who head publicly-traded companies with highest market values — in the Forbes magazine list that is topped by Google CEO and co-founder Larry Page.
Website hosting company Endurance International Group CEO and founder Hari K Ravichandran, 38, has been ranked 19th, while asset management firm Altisource Asset Management (AAMC) CEO Ashish Pandey, 38, is ranked 20th.
Ravichandran's firm has a market cap of $2.1 billion (Rs 12,826 crore)and that of Altisource is $1.8 billion (Rs 10,994 crore).
He is an MBA from Wharton and studied electrical engineering at Stanford.
Pandey has served as a director and the chief executive officer of AAMC since December 2012. He holds a Masters of Business Administration from Indian Institute of Management.
"It's been said that youth is wasted on the young, but the still-fresh faces on this list have done anything but squander their earlier decades.
"Some began their careers with dorm room innovations, others rose through the ranks with record speed, but whatever their path, everyone on this list made it to the top before their 41st birthday," Forbes said.
For the third consecutive year, Page has topped the list. In 2013, the search giant's record-high stock prices nudged Page's personal net worth above to $30 billion.
The youngest CEO on the list is Facebook founder Mark Zuckerberg, 29, remains in second place.
For the second consecutive year, Yahoo CEO Marissa Mayer, 38, holds third place and remains the only woman on this list.
First Published: Mar 13, 2014 00:09 IST