Canadian News May 15, 2024
Genumark Named One of Canada’s Best Managed Companies
The annual business awards program from Deloitte Canada recognizes private firms based on core business principles. This is the Top 40 distributor’s 12th time being named on the list.
The wins keep coming for Genumark (asi/204588).
The Top 40 distributor, a certified B Corp in Toronto, was recently named to Canada’s Best Managed Companies, an annual awards program by Deloitte Canada that has recognized privately owned businesses for more than 30 years. Genumark is part of the Platinum Club for having been named to the list at least seven times – this is the company’s 12th appearance.
Mark and Mitch Freed, Genumark (asi/204588)
Firms qualify based on a thorough review process by an outside panel of judges, which examines each company based on four pillars: strategy, capabilities and innovation, culture and commitment, and governance and financials. Annual revenue must be at least $50 million CAD for a company to be considered.
“We’re thrilled to be recognized once again as one of Canada’s Best Managed Companies for 2024, and to maintain our status in the prestigious Platinum Club is a true honor,” said Mitch Freed, CEO of Genumark and a member of the Counselor Power 50 list of the industry’s most influential people. “This achievement is a testament to our team’s hard work, dedication and innovative spirit. The program celebrates the entrepreneurial spirit, determination and innovation of the private-business community in Canada, and we’re proud to be named alongside the other exceptional winners. We join them in working to build a better, more equitable and more sustainable future for all.”
The full list of 2024 winners is here.
With 2023 North American promotional product revenue of $51.4 million, Genumark ranked 38th on Counselor’s most recent list of the largest distributors in the industry. Genumark was also named a Counselor 2024 Best Place to Work in January.