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Mr. Xavier Huillard, who manages the VINCI Group, was ranked 36th in the list of "The Best-Performing CEOs in the World in 2017". The ranking drawn up by Harvard Business Review proves the importance of strength of impetus in business - the average length of the term of office of 100 leaders who achieved the best financial results last year is 17 years. The average age of a CEO at the time of taking up a position is 44 years.

The winners can also boast great achievements in environmental, social and corporate governance. During their terms, the 100 CEOs presented the ranking generated an average return on shares of 2507% (after taking into account the effects of changes in exchange rates) and an average annual return rate of 21%.
About the VINCI Group CEO

Xavier Huillard, born on June 27, 1954 in Paris, is an engineer by profession. He also graduated from the French technical university of Ponts et Chaussées. Since 2010, he has been the president and CEO of the VINCI Group. In December 2013, he was 15th in the ranking of top managers of the companies listed in the Paris CAC 40 (ranking prepared by the French economy weekly Challenges). Mr. Huillard comes from a family with building traditions. For many generations, its members have been studying at the Paris technical university École Centrale de Paris. He grew up in Ivory Coast. At the end of the 1980s his father was building there the Yamoussoukro basilica.

How Harvard Business Review ranking is created

The research team drawing up the ranking - headed by Nana von Bernuth - reached for financial data from Datastream and Worldscope databases from every day of the term of office of all the chairmen from the day they took their positions until 30 April 2017. For the term of office of each chairman, the researchers calculated three indicators: the total return rate for shareholders adjusted for national effects (including reinvested dividends), which allows to eliminate all the growth incidents resulting solely from the improvement of the situation on the domestic stock exchange; the total return rate for shareholders adjusted for industry effects (including reinvested dividends), which reduces the growth that is the result of a good economic situation in the entire industry; and a change in market capitalization (adjusted by the value of dividends, issue and buy-out of shares) measured in US dollars at a rate taking account of inflation. According to the values of those indicators, positions were determined - from the first (best) to 898^th (the worst) - for each president in three rankings, which were then averaged to obtain a general financial ranking. The use of three indicators guarantees a balanced and objective approach.