McDougall Energy Maintains Status as Best Managed Gold Requalified Company
Sault Ste. Marie, ON – March 9, 2016 – McDougall Energy Inc. has been named a winner of Canada’s Best Managed Companies over the past four years and has requalified in 2015 to maintain its status as a Best Managed Gold Requalified company. The Sault Ste. Marie based company was first named a winner of Canada’s Best Managed Companies program in 2011. This honour for excellence in business performance is sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums. The Best Managed award recognizes Canadian owned and managed companies with revenues over $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization.
“I would like to recognize the entire efforts of McDougall Energy. It takes a dedicated effort from an entire team to focus on a core vision, create stakeholder value and excel in the global economy to achieve this level of success,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies Program.
Now in its third generation of family ownership, McDougall Energy has grown to become one of the largest integrated distributors of Esso and Mobil products in Canada. The 70 year old energy company operates in various regions across Canada serving Business, Residential and Retail customers.
When asked about the award McDougall Energy President, Darren McDougall had this to say, “What an incredible honour it is for McDougall Energy to be named as a Best Managed Gold Requalified company. Since first being recognized in 2011, we have been driven to maintain a high level of business excellence, and it goes to show that we are continuing to grow with the right people. As a family business that started in Northern Ontario over 70 years ago, we have come a long way. This award belongs to everyone who played a part in our success; our loyal customers, dedicated employees, family members and our critical partners. I also want to thank Canada’s Best Managed Companies judges, coaches and sponsors for this prestigious award.
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies that have implemented world-class business practices and created value in innovative ways. Applicants are evaluated by an independent judging panel on how they 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.
2015 winners of the Canada’s Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 12, 2016.
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:
- Best Managed winner (one of the new winners selected each year);
- Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review);
- 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);
- Gold Requalified member (Gold Standard winners may requalify for two additional years, subject to annual operational and financial review);
- Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About McDougall Energy Inc.
McDougall Energy Inc. (“McDougall Energy”) is a Canadian, privately owned, family business which has been serving energy customers for over 70 years. The company is a marketer and distributor of heating oil, propane, gasoline, diesel fuel and commercial lubricants, as well as an Esso retailer. McDougall Energy won the Canada’s Best Managed Companies award in 2011 and became a Gold Requalified member in 2015. Now in its third generation of ownership, the energy company serves communities throughout Canada.
For further information, please contact:
Marketing & Communications Coordinator
McDougall Energy Inc.