Toronto, ON–Tuesday, May 10, 2022 — Walters Group achieved Platinum Club status with the Canada’s Best Managed Companies program by retaining its Best Managed designation for seven consecutive years or more.
Walters Group was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2022 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $50 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth. Now in its 29th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
“The pandemic has changed the way businesses operate and these winners have responded by transforming and pivoting their companies so that they are leading the way forward for the future,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking.
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies and doubling down on accelerated digitization.
“The process to achieve Platinum status was a rigorous one. It required us to review all areas of our business and reflect on how we have continued to move forward on our strategic goals in the face of so much uncertainty in the world. We are extremely proud of all that we have accomplished through our incredible team and the partnerships that we have created with our clients. This award is truly an honour,” shared Peter Kranendonk, Chief Executive Officer of Walters Group.
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $50 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
Founded in 1956, Walters Group is a family-owned steel construction company that designs, fabricates, and constructs commercial and industrial projects throughout North America. With a passionate team, Walters Group brings together deep experience with the capacity to deliver on projects of all sizes and levels of complexity. We always strive to provide an outstanding project experience where everyone involved appreciates building with Walters.
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