TULLOCH has won Canada’s Best Managed Companies award for the second time.
The company has three locations locally, 1501 Seymour St. North Bay and 80 Main St. W. in Huntsville, and also Parry Sound.
TULLOCH has been recognized for overall business performance and growth with the prestigious 2024 Canada's Best Managed Companies award.
Now in its 31st year, Canada's Best Managed Companies remains one of the country's leading business awards programs. It recognizes Canadian-owned and managed companies with revenues of $50 million or greater for innovative, world-class business practices. Hundreds of companies compete for this designation annually in an independent process that evaluates management abilities and practices.
This is TULLOCH’s second year winning the Best Managed award. To attain this designation, TULLOCH was evaluated on its leadership and execution of its strategy, culture and commitment, capabilities and innovation, governance, and financial performance.
See: Northern companies among best managed in Canada
“It is with immense pride that TULLOCH has been honoured with the Canada’s Best Managed Companies award for the second year in a row," said TULLOCH’s Enterprises General Manager, Marla Fahrer. "This notable recognition is not merely a milestone for our company; it’s a testament to the hard work, dedication, and spirit of innovation that epitomizes every member of the TULLOCH team. This designation reflects our shared passion for excellence, continuous drive for improvement, and steadfast commitment to our staff, clients, and communities. Every team member has played a role in achieving this success.”
Canada's Best Managed Companies is one of the country's leading business awards programs recognizing innovative and world-class businesses. Applicants are evaluated by an independent judging panel comprised of representatives from sponsors. The 2024 Best Managed Companies winners share common themes, such as having people-centric cultures, implementing effective ESG strategies, and accelerating operational digitization.
“The 2024 Best Managed winners exemplify the highest Canadian business standards of innovation, adaptability, and bold leadership,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “Their relentless ambition, determined focus, and strategic agility have led them to remain competitive on the world stage, creating sustainable economic growth in an evolving global market. We’re extremely proud to highlight the impressive achievements of companies such as TULLOCH in a rapidly evolving business world. Their exceptional accomplishments leave you feeling inspired, celebrated, and connected.”
TULLOCH stood out from other candidates for its overall strategy, leadership, and management performance, establishment of a team culture, and emphasis on employee talent development. Canada's Best Managed Companies offers this award to TULLOCH to acknowledge its business and management success.
“This year’s winners demonstrate exceptional commitment to driving growth in today’s competitive and dynamic business landscape,” says Blair Cowan, Executive Vice President and head of Commercial Banking. CIBC is proud to sponsor a program that represents the best in Canadian business, as these privately owned companies continue to be the engine of our economic growth by creating jobs through strong leadership and innovation.”
