TORONTO, March 7, 2019 /CNW/ - Arbor Memorial Inc. was recognized for the second time for overall business performance and sustained growth with the prestigious Canada's Best Managed Companies designation. The 2019 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
Now in its 26th year, Canada's Best Managed Companies is one of the country's leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
A trusted family-owned business since 1947 and an industry leader, Arbor Memorial offers a local touch with a national reach. The company has over 120 locations in communities across Canada, providing services to over 25,000 families annually.
Being recognized for a second year demonstrates Arbor's commitment to our families by pursuing innovation and operational excellence; and recruiting, developing and retaining the best employees. Many of our senior management have over 25 years' tenure with the organization, speaking both to our desire to have an engaged workforce, and our staff's dedication to providing ethical, expert and compassionate guidance to our clients.
"This year's Best Managed winners are a testament to the success found when businesses invest in talent, innovate intentionally, and think long-term," said says Peter Brown, Partner, Deloitte Private and Co-Leader, Canada's Best Managed Companies program. "These companies should be proud of this achievement, and their responsibility in acting as role models for other Canadian businesses."
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2019 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.
"We are so pleased to be selected for a second year as one of Canada's Best Managed Companies," says David Scanlan, Chairman and President & CEO of Arbor Memorial Inc. "This recognition is testament to the dedication of our employees to their work and to the families who we are honoured to serve across the country."
"CIBC proudly congratulates the 2019 winners of Canada's Best Managed Companies, who exemplify business excellence and success," says Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. "This year's winners reinforce the significant impact that privately owned Canadian companies are making by pursuing innovation and maintaining a sharp focus on their clients."
2019 winners of the Canada's Best Managed Companies award will be honoured at the annual Canada's Best Managed Companies gala in Toronto on April 17, 2019. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today's business leaders.
The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
About Arbor Memorial Inc.
Arbor Memorial is a trusted family-owned Canadian company with deep roots in diverse communities across the country. Established in 1947, Arbor has over 120 locations, and 23 of our cemeteries have full-service funeral homes on premises, offering complete service to our families. With over 2500 dedicated and highly-trained staff, Arbor has solidified itself as a standard-bearer in the industry, with a long history of excellence and strategic growth. It is our privilege to provide expert guidance and customized services that help families honour, respect and celebrate loved ones. For further information, please visit www.arbormemorial.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 $15 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, Canadian Business, Smith School of Business, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
SOURCE Arbor Memorial Inc.
For further information: Media Contact: Arbor Memorial Inc.: Dustin Wright, Senior Director, Marketing Communications, 416-763-3230 ext. 3032, [email protected]; For further information, please contact: [email protected], www.bestmanagedcompanies.ca