Steve Jobs is CEO of the decade, says Fortune magazine

Fortune magazine has named Apple chief Steve Jobs as its 'CEO of the decade' for driving innovations such as the Mac OS X operating system, iPod, iTunes and iPhone.

Fortune magazine has named Apple chief Steve Jobs as its 'CEO of the decade' for driving innovations such as the Mac OS X operating system, iPod, iTunes and iPhone.

The past decade belongs to Jobs, who has become a dominant personality in the computing, film, music and mobile phone industries, the magazine said.

Despite a liver transplant earlier this year, the magazine said Jobs is back at the helm of a 34,000-strong corporate army, proving he is as powerful, awe-inspiring, creative, secretive, bullying, arrogant and profitable as ever.

"Superlatives have attached themselves to Jobs since he was a young man. Now that he's 54, merely listing his achievements is sufficient explanation of why he's Fortune's CEO of the decade," the magazine said.

In financial terms alone Jobs has been astoundingly successful, the magazine said. Jobs has taken Apple from a $5bn value in 2000 to being worth about $170bn today.

Jobs laid the foundations for Apple's leap from stable to stratospheric when things looked darkest, setting in motion the key elements of rejuvenation, the magazine said.

"He's irreplaceable," Larry Ellison, chief executive of Oracle, told the magazine.

"Whenever he leaves, I hope he retires in good health and he's sailing off in his yacht in the Mediterranean. But they [would] miss him terribly, because it's a consumer products company. The product cycle is so fast," he said.

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