Every year around this time I take nominations for the year's worst CEO.
Perhaps the biggest surprise: In the weeks I've been seeking nominations on social media, and even today with a story on TheStreet.com, nobody has mentioned Michael Jeffries, the embattled CEO of Abercrombie & Fitch.
Abercrombie announced today that Jeffries' contract was extended for a year, with some tinkering on the long-term compensation part of his deal.
That got me kicking some tires, and I was stunned to discover how poorly Abercrombie's stock has performed with Jeffries running the show.
(Read more: Abercrombie extends CEO contract despite weak sales)
Since its early trading in 1996, Abercrombie has barely beaten the S&P 500. It has dramatically trailed the index over the past one-, three- and five-year marks.