15. Martin Anstice
> Company: Lam Research Group
> 3-yr stock price change: 96%
> 1-yr stock price change: 33%
> CEO since: January 2012
Martin Anstice joined semiconductor maker Lam Research Corporation in 2001. Over the following decade, he swiftly rose through the ranks, holding various roles, including chief financial officer and executive vice president. He assumed the role of chief executive officer in 2012. Prior to working at Lam Research, Anstice held various positions at major corporations, including Raychem Corporation and its eventual parent, electronic sensors distributor Tyco International. Under Anstice’s leadership, Lam Research Group posted revenue growth of 24.7% from 2014 through 2015, the largest among major semiconductor manufacturers.
14. Bruce Broussard
> Company: Humana
> 3-yr stock price change: 100%
> 1-yr stock price change: 14%
> CEO since: January 2013
The value of Kentucky-based managed care company Humana shares has doubled over the last three years, outperforming the S&P 500 by a wide margin. Humana posted 2015 revenue of $54.29 billion, up from $48.50 billion in 2014 and $41.31 billion in 2013. Profits remained stable at over $1.1 billion in each of the past three fiscal years. In addition to overseeing Humana’s financial success, CEO Bruce Broussard appears to be managing merger and acquisition opportunities relatively well.
In the fall of 2015, Humana stockholders approved a merger agreement between Humana and fellow health care giant Aetna. The merger’s legality is currently being scrutinized by the Justice Department and a ruling will likely be made in early 2017, but the merger’s prospects are reportedly good. The two companies have already agreed to sell assets identified as problematic.
13. Wes Bush
> Company: Northrop Grumman
> 3-yr stock price change: 105%
> 1-yr stock price change: 23%
> CEO since: January 2010
After serving as corporate vice president, chief financial officer, and president of the company’s space technology division, Wes Bush was appointed Northrop Grumman CEO in January 2010. Under his leadership, Northrop Grumman’s stock price has more than doubled over the past three years — outperforming the S&P 500 index considerably. Despite the defense company’s strong performance on Wall Street, Bush’s compensation has fallen in recent years due in part to the company’s failure to win as many defense contracts as it had targeted. The lack of new contracts is likely the result of cuts to the U.S. defense budget that are affecting companies throughout the defense industry. While Northrop Grumman’s revenue from U.S. government contracts has fallen over the past three years, the company has managed to increase sales from international and other clients. In each of the last four quarters, Northrop Grumman has exceeded earnings estimates.
12. Tom Rutledge
> Company: Charter Communications
> 3-yr stock price change: 118%
> 1-yr stock price change: 44%
> CEO since: February 2012
Charter Communications is a telephone, internet, and television service provider, with operations in 41 states. Headed by Tom Rutledge since 2012, the company has done well for its shareholders in recent years. Now trading at over $290 a share, the company’s stock price has climbed by more than 400% since Rutledge took over. Investor confidence has likely been stoked by increasing revenues in each of the last two years. In addition, under Rutledge’s direction, Charter Communications acquired rival Time Warner Cable in a $56.7 billion deal last year. The deal turned Charter into the country’s second largest cable operator.
Rutledge has a long history in the cable television service industry. Over his nearly four-decade career in the industry, he has served in many high profile positions, including president of Time Warner Cable and COO of Cablevision Systems Corporation.
11. Scott Farmer
> Company: Cintas
> 3-yr stock price change: 97%
> 1-yr stock price change: 26%
> CEO since: July 2003
Headquartered in Cincinnati, Ohio, Cintas specializes in services for businesses such as manufacturing corporate uniforms, providing promotional products, and offering first aid and other services. Scott Farmer joined Cintas in 1981. He held a variety of executive positions until he was elected CEO in July 2003. Over the past three years, the price of Cintas stock has nearly doubled. While the company’s uniform segment contributed more than three-fourths of total sales in fiscal 2016, the first aid and safety segment posted the fastest growth. Sales of first aid and safety products and services grew 41.4% to $461.8 million, while sales of uniforms grew 6.7% to $3.8 billion.
In recent years, Cintas has been slimming down through divestitures of its non-core operations. Cintas completed in October 2015 the sale of its stake in the document management company Shred-It to waste management firm Stericycle. Cintas announced the sale of its document storage and imaging businesses in November 2014.