EMC Corporation (EMC): America’s 4th Best CEO Will Give You an Investing Edge

Along the way, Tucci has made some pivotal moves to keep EMC Corporation (NYSE:EMC) ahead of the competition. That included the 2004 decision to acquire VMware, Inc. (NYSE:VMW), a cloud and virtualization company, and later offer some VMware, Inc. (NYSE:VMW) shares in a 2007 IPO. EMC still owns roughly 80%, and Tucci has made some tough calls on the board of VMware along the way, most notably replacing Diane Greene as CEO of VMware in 2008.

Those important moves continued more recently when he announced that EMC would be spinning off some profitable, but non-core businesses in what the company is calling “the pivotal initiative.”

One of the reasons that Tucci has been able to make these tough calls and turn the company around following the dot-com bust is because of the way he goes about running his business. As The Korn/Ferry Institute noted in a 2012 interview:

He is passionate about two big things. Everyone at EMC — from administrative assistants to engineers — is client-facing and interacts with customers. He is also passionate about making sure EMC is an inclusive company. In fact, Tucci goes so far as to say to all employees, “This is not my company; this is your company.”

Creating that kind of culture helps explain why 96% of Tucci’s employees approve of the job he’s doing, and why EMC’s stock has returned 240% since 2002.

Investors should take note, however, that Tucci’s time with the company may be limited, as his current contract has him serving as CEO until February of 2015, though that timeline could be extended.

The article America’s 4th Best CEO Will Give You an Investing Edge originally appeared on Fool.com.

Fool contributor Brian Stoffel has no position in any stocks mentioned. The Motley Fool recommends Facebook and VMware. The Motley Fool owns shares of EMC, Facebook, International Business (NYSE:IBM) Machines, Oracle, and VMware.

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