Southmedic is proud to be a 2015 Platinum Club winner of Canada’s Best Managed Companies.
Posted: 18 Apr 2016- Author: Southmedic
Barrie, Ontario, April 15, 2016 – Southmedic Inc is a 2015 Platinum Club winner of Canada’s Best Managed Companies program, sponsored by Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums.
“Best Managed Platinum winners are amongst the elite Canadian-owned and managed companies. They have a proven track record of outstanding leadership, business performance and sustained growth,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program.
“Winning Canada’s Best Managed Platinum Club award is a wonderful reflection on our staff and organization. Southmedic has a clear mission to improve patient outcomes. With our strong company values, outstanding business partners, and the support of the community we have continued to innovate, serve our customers and realize our goals” said Lee McDonald, President and CEO of Southmedic Inc.
Established in 1993, the Canada’s Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.
“Since 2009 the logo has been proudly displayed in our office. This logo remains a testament to our outstanding business partners, customers, and team at Southmedic. Continually achieving such a prestigious award would not be possible without all of their dedication, loyalty and support” said Lee McDonald, President and CEO of Southmedic Inc.
“Companies that earn Platinum Club status in the Canada’s Best Managed program are true leaders in the Canadian marketplace,” said Jon Hountalas, Executive Vice-President, Business and Corporate Banking, CIBC. “They exemplify strong vision and leadership, a sustained commitment to growth and innovation, and dedication to their values.
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 five levels: 1) Best Managed winner (one of the 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); 4) Gold Requalified member (Gold Standard winners may requalify for two additional years, subject to annual operational and financial review); 5) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About Southmedic Inc. (www.southmedic.com)
Established in 1983, Southmedic Inc. is a vertically integrated medical manufacturing company. Southmedic is comprised of three unique divisions: a Proprietary Business Unit that is extensively involved in the research, development, manufacturing and global distribution of proprietary products for the Respiratory and Surgical Specialties market; a Contract Manufacturing Business Unit that provides value-added clean-room contract manufacturing and assembly and a Domestic Distribution Division that focuses on proprietary as well as 3rd party specialty operating room products.Back To News