VANCOUVER, Feb. 26, 2013 /CNW/ - A&W Food Services of Canada Inc. has
received recognition as one of Canada's Best Managed Companies for the
tenth year in a row. By requalifying as one of Canada's Best Managed
Companies in the highly regarded awards program sponsored by Deloitte,
CIBC, National Post, and Queen's School of Business, A&W shares Platinum Club member status
with an elite group of outstanding Canadian companies.
A&W's President and Chief Executive Officer, Paul Hollands, said, "We
are very pleased to be recognized once again as one of Canada's Best
Managed companies. The commitment of our franchisees, their team
members, and our corporate staff is at the core of A&W's success. To be
recognized at the Platinum level and sustain our status as a Best
Managed company for a decade is a particular honour. It recognizes the
success that we have been able to create through our commitment to
strategy, our powerful organizational Climate and our dedication to
delighting our customers."
"We believe that there are three vital building blocks to sustainable
growth: strategy, capability, and commitment; A&W Food Services of
Canada Inc. has demonstrated it is a model of success in all three
areas and is duly recognized as one of Canada's Best Managed Companies"
explained John Hughes, Partner, Growth Enterprise Leader, Toronto with
Deloitte, a national sponsor of the Best Managed program.
"Companies that have earned Platinum Club status in Canada's Best
Managed Companies program have shown a strong sense of vision and
demonstrated a continued commitment to their corporate values," said
Jon Hountalas, Executive Vice-President, Business Banking, CIBC.
"Platinum Club winners are examples of excellence in Canadian
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 $10
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) Best Managed
winner (one of the 50 new winners selected each year); 2) Requalified
member (repeat winners retain the 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 reapplied for the
designation. Companies may requalify for two additional years, subject
to annual operational and financial review; 4) Platinum Club member
(winners that maintain Best Managed status for a minimum of six
consecutive years). Program sponsors are Deloitte, CIBC, National Post,
and Queen's School of Business. For further information, visit
www.bestmanagedcompanies.ca. Visit the online community for private
companies the Best Managed channel on FP Executive: www.financialpost.com/bestmanaged
A&W Food Services of Canada Inc. is 100 per cent Canadian owned and is one of the strongest brand names
in the Canadian foodservice industry. A&W is the nation's second
largest hamburger restaurant company with 770 locations coast-to-coast.
A&W Restaurants feature famous trade-marked menu items such as The
Burger Family®, Chubby Chicken®, and A&W Root Beer®. For more information, please visit www.aw.ca.
SOURCE: A&W Food Services of Canada Inc.
For further information:
Chief Financial Officer
A&W Food Services of Canada Inc.