Harvard Business Review names Amazon boss as best CEO

The Harvard Business Review (HBR) has declared Jeff Bezos, of Amazon.com, as the world’s best performing CEO.

HBR cited industry adjusted shareholder returns of 15,189% and the value of the online retailer soaring by $140billion (£86bn) under his leadership as key reasons for its decision.

In drawing up its 2014 list of the world’s best performing chief executives, Harvard Business Review examined such metrics as industry-adjusted shareholder returns, country-adjusted shareholder returns, and increase in market capitalization over a chief executive’s tenure.