21. Stephen Luczo
bpoy stephen luczo

CEO, Seagate Technology

The situation was pretty dire when Stephen Luczo was asked by the Seagate (STX) board to return as CEO of the hard drive manufacturer in 2009. Luczo took over a company with declining market share, rising costs, and massive debt. Fast forward to 2012: Seagate has achieved record revenues and profits and even briefly wrested the No. 1 position from Western Digital as the largest hard disk manufacturer in the world. To be sure, Seagate benefitted from the floods in Thailand that damaged rival companies' manufacturing plants, but Luczo also restructured management and made some strategic deals along the way, the most lucrative being the acquisition of Samsung's disk drive business. --OA


- Last updated November 30 2012 05:12 PM ET
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