Southwire is proud to announce it has been selected as a 2022 US Best Managed Company. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams.
The 2022 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people, strong financial performance and the ability to foster a dynamic, resilient culture.
This year’s designees continued to propel their businesses forward by prioritizing purpose, investing in their workforces and demonstrating their commitment to diversity, equity and inclusion.
“Receiving this recognition three years in a row is a testament to the resiliency and dedication of our employees,” said Rich Stinson, Southwire’s president and CEO. “We continue to focus on trust, empowerment, consistency and inclusion, and these commitments have undoubtedly brought us to where we are today and contributed to this tremendous honor. We are committed to remain generationally sustainable for the next 100 years and beyond, and this is a testament to those efforts."
Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. Award recipients join a global ecosystem of honorees from more than 40 countries recognized by the Best Managed Companies program.
“We are proud to be among the 51 companies chosen to receive this award,” said Norman Adkins, president of Wire and Cable and COO. “Being a US Best Managed Company is an achievement that our entire organization can celebrate, and we are thankful for everything that our hard-working and dedicated employees have done throughout the years to help make this possible.”
A leader in technology and innovation, Southwire Company, LLC is one of North America’s largest wire and cable producers and an emerging influence in many important electrical markets. Southwire and its subsidiaries manufacture building wire and cable, utility products, metal-clad cable, portable and electronic cord products, OEM wire products and engineered products. In addition, Southwire supplies assembled products, contractor equipment, electrical components, hand tools and jobsite power and lighting solutions, and the company provides a variety of field and support services to customers around the world. For more information about Southwire’s products, its community involvement and its vision of sustainability, visit www.southwire.com.
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.