Woodbridge Named One of Canada’s Best Managed Companies and Maintains its Gold Standard Status

Mississauga, Ontario, Canada, May 10, 2022 – For the sixth consecutive year, Woodbridge has been named one of Canada’s Best Managed Companies by the Best Managed program for private organizations and maintained its Gold Standard status for the third year.

“Being named one of Canada’s Best Managed Companies and sustaining our Gold Standard status for three years is a credit to all our hardworking Teammates for their commitment and dedication to ‘The Woodbridge Way,’” said Guillaume Lavoie, Senior Vice President & CFO, Woodbridge. “Recognizing it has been a challenging year for many around the world, Woodbridge was selected because of our agile business strategy, proven year-over-year success, making significant advancements in developing sustainable products, and progressing our ESG program. We have a bright future and we look forward to engineering systems for the consumer experience through superior comfort, acoustics and craftsmanship in a socially responsible way.”

Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business award programs that identifies Canadian-owned and managed companies for innovative, world-class business practices. Hundreds of the country’s top organizations are evaluated each year to determine those that offer the most innovative and successful management processes. The 2022 Best Managed companies share commonalities such as putting their people and culture at the forefront, as well as focusing on ESG strategies.

“Now in its 29^th year, the Best Managed program seeks to recognize companies who combine strategic expertise and a culture of innovation with a steadfast commitment to their communities,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners demonstrated an increased focus on ESG issues. They maintained an unwavering dedication to their core purpose, enhancing client relationships and cultivating a healthy corporate culture.”

2022 winners of the Canada’s Best Managed Companies award will be honored at galas across Canada. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders.

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 50 locations across 10 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 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

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