Chyron of the Day: Fox & Friends Thinks Jeffrey Immelt is “Worst” CEO

by Steve Krakauer | 4:05 pm, August 25th, 2009

» 1 comment

Fox News, 6:39amET:

chyron_8-25

Can you guess which CEO got highlighted as the “worst” today on Fox & Friends? Let’s see, who owns MSNBC? That’s right it’s GE Chairman Jeffrey Immelt. But it wasn’t FNC’s decision – this was based on a Forbes list.

The list, out last week, formulates the rankings based on a specific formula (that put Apple CEO Steve Jobs first). Here’s a breakdown:

The experts calculated a relative shareholder return, in billions of dollars, for the 100 biggest S&P 500 companies with the chief executive in office for at least five years. “Relative,” here, is relative to a random subset of big companies in the same industry grouping. “Return” is a total return (share price gain plus reinvested dividends) applied to the beginning market value of the company.

So what does this mean? Well Immelt is CEO who has made shareholders least rich – out of the biggest 100 companies on the S&P 500. Fox & Friends spent several segments on this, but didn’t get much beyond the basics.

Later, Laura Ingraham was a guest, and was asked about the list. “I’ll leave that to Bill O’Reilly, because that’s really his topic,” she joked, before getting delving right in.

It’s a continuation of the prime time, (well, Bill O’Reilly‘s) attacks on GE…right into the morning. At least they had some fun with Photoshop (see: “Booby Prize” GE button).

Thanks to Jennifer from Detroit for passing along this tip.

Do you have a pick for Chyron of the Day? Email me at Steve@Mediaite.com with an image or time/network (and check out all the past Chyrons of the Day here)…

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ChrisNH

The untold story is how many people refuse to buy GE appliances because of this guy. Granted, GE’s business has so many elements besides refrigerators and washing machines. But the appliance side of the business is iconic, and it’s taking a hit. O’Reilly basically gets a 2-for-1 every time he slams NBC; actually, a 3-for-1: GE, NBC, and MSNBC. The pure hilarity of this is that as long as Olbermann stays acerbic (which is, forever), O’Reilly will still trash Keith’s network and its parent. So, Keith is pretty much inviting whatever O’Reilly does.