Woodbridge Maintains Gold Standard Status as one of Canada’s Best Managed Companies

Mississauga, Ontario, Canada, May 5, 2021 – For the fifth consecutive year, Woodbridge has been named one of Canada’s Best Managed Companies by the Best Managed program. The organization was also awarded the notable Gold Standard status for the second year in a row for its commitment to the program and successfully retaining its award.

“Our Teammates play an integral role in the strategic and operational success of our company,” said Guillaume Lavoie, Senior Vice President & CFO, Woodbridge. “This award is reflective of the dedication and passion our Teammates have for making Woodbridge an outstanding place to work. Our One Winning Team is committed to exceeding our customer expectations with our industry-leading innovative technologies as well as delivering world-class operational and financial performance. We look forward to maintaining our competitive edge in the marketplace for many years to come.”

Established in 1993, Canada’s Best Managed Companies is 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 caliber of their management abilities and practices.

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. Winning companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.

“This year’s Best Managed winners are a shining example of the importance of leadership in the face of adversity,” said Kari Lockhart, Partner, Deloitte Private & Co-Leader, Canada’s Best Managed Companies program. “By using their unique purpose as the bedrock of their organizational foundation, they were able to chart a path forward with courage and resilience. In a year unlike any other, these companies should be proud not only of this prestigious designation, but the ever-important role they play in the progress and prosperity of Canada.”

The 2021 winners of Canada’s Best Managed Companies award will be honored at a virtual gala.

About Woodbridge
Woodbridge is a privately-owned company offering innovative material technologies for applications in automotive, commercial, recreational, packaging, healthcare and building products. In addition to its manufacturing operations, Woodbridge offers a full complement of services including: chemical research and development, product and process engineering, tooling, technical support and accredited laboratory testing. Woodbridge operates more than 50 facilities across 10 countries—employing over 7,500 teammates and serving more than 600 customers worldwide. To learn more, visit woodbridgegroup.com.

About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $25 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, Canadian Business, Smith School of Business, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

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