Woodbridge maintains Deloitte Canada’s Best Managed Companies Platinum Club designation

MISSISSAUGA, Ontario, Canada & TROY, Mich., May 14, 2024—Woodbridge today announced it has been recognized with Deloitte Canada’s Best Managed Companies award, retaining its Platinum Club status for a second year and its Best Managed designation for eight consecutive years. The 2024 Best Managed program award winners are among the best-in-class Canadian privately owned and managed companies demonstrating leadership in strategy, capabilities, innovation, culture, commitment, and financials to achieve sustainable growth.

“We’re pleased to retain our Canada’s Best Managed Companies designation for the eighth time and the Platinum Club designation for a second year in a row,” said Julie Correia, Senior Vice President and CFO of Woodbridge. “This award serves as a symbol of recognition, not only celebrating Woodbridge’s outstanding achievements but also highlighting the pivotal role our global teammates play in the company’s ongoing success by creating a ‘One Winning Team.’”

Established in 1993, Canada’s Best Managed Companies is the country’s leading business awards program. It recognizes excellence in Canadian privately owned and managed companies. Each year, hundreds of businesses compete for the distinction, taking part in a rigorous and independent process that evaluates the caliber of overall management abilities and practices. Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors and special guest judges. Winning companies share commonalities that include a clear strategy and vision, investment in capability, and commitment to talent.

“Over the past year, companies such as Woodbridge have continually adapted and successfully responded to challenges, seized new opportunities, and leveraged industry-leading competencies to maximize their investments and drive sustainable growth,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “By demonstrating an increased focus on environmental, social, and governance themes, these winners have set the standard of excellence for Canada’s business ecosystem.”

About Woodbridge
With corporate headquarters in Mississauga, Ontario, Canada, and automotive headquarters in Troy, Michigan, USA, Woodbridge has more than 7,000 teammates in over 40 locations across nine countries. The company offers material technologies for automotive, commercial, recreational, packaging, healthcare, and building product applications. We provide a full complement of services, including prototyping, consulting, technical support, chemical R&D, and accredited laboratory testing.

About Canada’s Best Managed
Companies Program Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian 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, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

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