CEO 2010 Staff Approval Ratings

When we found out that ING Direct USA President and chairman Arkadi Kuhlmann puts himself up for a vote by employees each year to see if they think that he should remain in his post, we wondered what approval rating employees at some of the biggest firms in the financial markets industry would give their bosses.

So we did a quick poll this week, and over 13,000 people participated (some voting through their work e-mail addresses and some through personal e-mail addresses).

We simply asked staff if, given the chance, they would re-elect their CEO to serve out another term at the helm.

Here are the results for those firms where we had a large enough sample:

(N = A no vote, U = An Undecided vote, SAR = Staff Approval Rating)

1. Richard Handler, Jefferies & Co - N 1.6%, U 3.7%, SAR - 94.7%

2. Howard Lutnick, BGC / Cantor Fitzgerald - N 2.7%, U 3.7%, SAR 93.6%

3. Michael McLintock, M & G Investments - N - 3.6%, U 3.0%, SAR - 93.4%

4. Ed Clark, TD Bank Financial Group - N 2.7%, U 4.1%, SAR 93.2%

5. Paul Purcell, R W Baird - N 4.3%, U 3.8% SAR - 91.9%

6. Gordon Nixon, Royal Bank of Canada - N 3.9%, U 4.4%, SAR - 91.7%

7. Paul Reilly, Raymond James  - N 4.3%, U 4.2% SAR 91.5%

8. Scott Beiser & Jeff Werbalowsky, Houlihan Lokey - N 4.3%, U 6.2% SAR - 89.5%

9. Martin Gilbert, Aberdeen Asset Management - N 5.7%, U 5.7%, SAR - 88.6%

10. Larry Fink, BlackRock - N 6.5%, U 7.2%, SAR - 86.3%

11. Peter Sands, Standard Chartered Bank - N 7.4%, U 8.3%, SAR - 84.3%

12. Brady Dougan, Credit Suisse - N 8.5%, U 7.9%, SAR - 83.6%

13. Oswald Gruebel, UBS - N 8.6%, U 8.7% SAR - 82.7%

14. Jamie Dimon, JPMorgan Chase - N 8.3%, U 9.2%, SAR - 82.5%

15. Baudouin Prot, BNP Paribas -  N 7.9%, U 9.9%, SAR - 82.2%

16. Bob Diamond, Barclays / Barclays Capital - N 13.3%, U 4.8%, SAR - 81.9%

17. Lloyd Blankfein, Goldman Sachs - N 9.6%, U 8.7%, SAP - 81.7%

18. Alain Dromer, Aviva Investors - N 10.3%, U 9.0% SAR - 80.7%

19. Michael Dobson, Schroders - N 12.1%, U 11.1%, SAR - 76.8%

20. Vikram Pandit, CEO - N 12.8%, U 13.1%, SAR - 74.1%

21. Joseph Hooley, State Street - N 9.3%, U 18.9%, SAR - 71.8%

22. John Stumpf, Wells Fargo - N 15.7%, U 13.2%, SAR - 71.1%

23. Stuart Gulliver, HSBC - N 16.3%, U 13.3%, SAR - 70.4%

24. Frederic Oudea, Societe Generale - N 13.5%, U 17.4%, SAR - 69.1%

25. Kenichi Watanabe, Nomura - N 17.6%, U 15.1%, SAR - 67.3%

26. James Gorman, Morgan Stanley - N 17.3%, U 15.9%, SAR - 66.8%

27. Stephen Hester, The Royal Bank of Scotland - N 20.2%, U 15.9%, SAR - 63.9%

28. Brian Moynihan, Bank of America - N 21.3%, U 15.4%, SAR - 63.3%

29. Bob Kelly, Bank of New York Mellon - N 26.2%, U 12.0%, SAR - 61.8%

30. Jan Hommen, ING Group - N 20.7%, U 19.8%, SAR - 59.5%

31. Peter Kraus, AllianceBernstein - N 26.3%, U 17.2% SAR - 56.5%

32. Nicholas Moore, Macquarie Group - N 24.3%, U 19.5%, SAR - 56.2%

33. Peter Clarke, Man Group - N 36.3%, U 12%, SAR - 51.7%

34. Jacko Maree, Standard Bank - N 34.1%, U 22.3%, SAR 43.6%

35. Martin Blessing, Commerzbank - N 44.6%, U 16.1%, SAR - 39.3%

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