Sault Ste. Marie, ON – BUSINESS – McDougall Energy was named one of Canada’s Best Managed Companies Gold Standard winners in 2014 for excellence in business performance. 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. The Sault Ste. Marie based company was first named a winner of Canada’s Best Managed Companies program in 2011.
“I would like to congratulate McDougall Energy and its entire workforce. Achieving this standard of excellence takes a united effort from a dedicated team,” said Peter Brown, National Co-Leader of Canada’s Best Managed Companies Program and Senior Practice Partner, Deloitte.
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.
“For a family business that started in Northern Ontario over 70 years ago, we have come a long way. We are incredibly honoured to be recognized as a Gold Standard winner by Canada’s Best Managed Companies judges, coaches and sponsors. Every team member at McDougall Energy has contributed to this award in some way,” said Darren McDougall, President of McDougall Energy.
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs that recognizes Canadian 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.
2014 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 March 31, 2015.
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 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, 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 Standard winner in 2014. Now in its third generation of ownership, the energy company serves communities throughout Ontario and regions in British Columbia. McDougall Energy has employees, facilities and/or retail stations located in British Columbia, the Greater Toronto Area, Bowmanville, Newmarket, St. Catharines, St. George, Sault Ste. Marie, Sudbury, North Bay, Little Current, Thessalon, Chapleau, Timmins, Elliot Lake, Blind River and Thunder Bay, Ontario. The company is headquartered in Sault Ste. Marie, Ontario.
To learn more about McDougall Energy, visit www.mcdougallcorp.com.