Corporate Leader Finds Young CEOs Firmly In Charge
Many well-known, publicly-traded american companies including
Expedia, Yahoo, Gymboree, Six Flags, Travelocity and Under Armour all
led by CEOs under the age of 40. Corporate Leader presents its Inaugural List of America's "40 Under 40" CEOs.
New York, NY (PRWEB) April 15, 2008
In the new issue of Corporate Leader, on sale Tuesday, April 22, the magazine releases its first "40 Under 40 List" - providing profiles of 40 young CEOs who are helming large American corporations.
"These are brands that Americans interact with every day," says Corporate Leader editor Abby Ellin. "They are being led by some of the most talented chief executives regardless of age. Each of these companies has shown terrific growth within its sector while delivering handsomely for shareholders."
From travel to technology, healthcare to finance, media and consumer goods, a wide swath of sectors is represented in Corporate Leader's "40 Under 40" list.
A taste of Corporate Leader's "40 Under 40":
- Dara Khosrowshahi, 38, first caught Barry Diller's eye while working on the merger of Home Shopping Networks and USA Networks as a banker at Allen & Company. He then followed Diller to parent company InterActiveCorp. When Diller spun off Expedia (NasdaqGS: EXPE), he chose Khosrowshahi to be its first CEO. Now, with 50 million unique visitors each month and a market cap of $7.1B, Expedia is the online travel industry's top dog.
- It's under the uniforms of many of the NFL's top players and has recently become an official footwear provider to the league. It's got megabrands like Nike and Adidas playing defense. Under Armour (NYSE: UA) CEO Kevin Plank, 35, founded the company and has scored a $1.8B market cap.
- Six Flags' (NYSE: SIX) nationwide chain of amusement parks boast some of the world's most thrilling coasters, but its freefalling revenues were giving its shareholders even more of a white-knuckle ride. Enter former ESPN exec Mark Shapiro, 38, whose turnaround plan is already paying off - the company has doubled its income from corporate sponsorships and ticket sales, and revenue for 2007's 4Q was up 7% over the same period in the previous year.
- The company that gets millions of kids jumping and singing (and looking sharp while they do it) would be best-served by a young energetic CEO. Gymboree (Nasdaq: GYMB) has one in its CEO and Chairman, Matthew McCauley, 34. McCauley oversees the company's 600 U.S. stores, 300 "Play & Music" centers around the world as well as the company's other brands. Its market cap is now $1.2B, definitely something to shout about.
For a complete list of Corporate Leader's "40 Under 40," please visit http://www.corporateleaderdaily.com. To arrange an interview with members of the "40 Under 40" and a Corporate Leader editor, please contact us.
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