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McDougall Energy Inc. Named One of Canada’s 50 Best Managed Companies

 
Sault Ste. Marie, ON – February 21, 2012 – McDougall Energy Inc. triumphed over hundreds of other applicants to win a 2011 Canada’s 50 Best Managed Companies (Best Managed) award.  This prestigious national award is sponsored by Deloitte, CIBC, National Post, and Queen’s School of Business. 
 
“We would like to congratulate McDougall Energy Inc. and its entire workforce. Achieving Canada’s highest level of Canadian business excellence takes a united effort and we are privileged to acknowledge such a strong team,” said John Hughes, Partner, Private Company Services, Deloitte.
 
McDougall Energy Inc.’s strong corporate plan has created the proper culture, strategy and core processes that result in a unique and robust business model.  This model delivers great value to its diversified customer bases comprised of three markets; home, business and auto.  McDougall Energy Inc.’s growth over various years is a result of its acquisition specialty which has led them to become one of the largest integrated distributors of Esso and Mobil products in Canada.
 
Established in 1993, Canada’s 50 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.
 
“It is a great honour to be recognized as one of Canada’s 50 Best Managed Companies.  We are grateful to our loyal customers, valued employees, critical partners and the family members who came before us.  We share the award with them,” said Darren McDougall, President of McDougall Energy Inc.
 
2011 winners of the Canada’s 50 Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Best Managed gala in Toronto on March 27, 2012.  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.
 
About Canada’s Best Managed Companies
 
Canada's 50 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 50 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, and Queen's School of Business. For further information, visit www.canadas50best.com. Visit the online community for private companies the Best Managed channel on the Financial Post Executive site: www.financialpost.com/executive/best-managed/index.html.
 
About McDougall Energy Inc.
 
McDougall Energy Inc. (“McDougall”) is a Canadian, privately owned, progressive family business which has been in business for over 66 years.  McDougall Energy is a marketer and distributor of heating oil, propane, diesel fuel, commercial lubricants and gasoline, as well as an Esso retailer. Starting in 1945, McDougall Energy Inc.’s excellent reputation within the energy industry has been earned through a relentless focus on serving its customers.  Now in its third generation of ownership, McDougall serves communities throughout Ontario and regions in British Columbia.  McDougall Energy is headquartered in Sault Ste. Marie, Ontario.
 
 
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