Woodbridge Named Canada’s Best Managed Companies Platinum Club Member

Retains Best Managed designation for seventh consecutive year for overall business performance and sustained growth

MISSISSAUGA, Ontario, Canada & TROY, Mich., May 9, 2023 – Woodbridge today announced it has been recognized as a 2023 winner of the prestigious Canada’s Best Managed Companies Platinum Club designation, retaining its Best Managed designation for the seventh consecutive year. The 2023 Best Managed program winners are among the best-in-class Canadian-owned and managed companies with revenues over $50M CDN.

Woodbridge was named one of the winning Canadian-owned companies for its industry-leading performance, global business practices, and sustained growth. Participating organizations were evaluated by an independent panel of judges in categories such as strategy, culture, and commitment; capabilities and innovation; governance; and financial performance.

“Woodbridge is honored to be named a Platinum Club Member in the annual Canada’s Best Managed Companies program,” said Julie Correia, Senior Vice President & CFO, Woodbridge. “To be awarded for the seventh consecutive year is a testament to our greatest strength—our teammates. Every individual at Woodbridge works to give life to the ‘One Winning Team’ culture we value, and this award shows that it truly sets us apart in the industry.”

Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for the designation, and the 2023 winners share commonalities such as having a people-centric culture, targeting effective environmental, social and governance strategies, and accelerating operational digitization.

“To become a Best Managed Platinum Club winner is a huge accomplishment,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “Companies such as Woodbridge who attain this high standard of excellence demonstrate consistent resilience, versatility, and strategic acuity. Year after year, they thrive in a competitive, rapidly changing market. This year’s winners should take pride in attaining this prestigious award in recognition of their significant and ongoing contributions to Canada’s business landscape.”

About Woodbridge
With corporate headquarters in Mississauga, Ontario, Canada and automotive headquarters in Troy, Michigan, USA, Woodbridge has more than 7,500 teammates in over 46 locations across 9 countries. The company offers material technologies for applications in automotive, commercial, recreational, packaging, healthcare and building products. It offers a full complement of services that includes consulting, technical support, chemical R&D and accredited laboratory testing. Learn more at woodbridgegroup.com.

About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for private Canadian owned and managed companies. 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, Saleforce, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

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