Thursday, March 8, 2018
KingFisher Boats Announced as One of Canada's Best Managed Companies
Vernon, BC — KingFisher Boats was recognized for overall business performance and sustained growth with the prestigious Canada's Best Managed Companies designation. The 2018 Best Managed program award winners are among the best-in-class of Canadian owned and managed companies demonstrating strategy, capability and commitment to achieve sustainable growth.
"CIBC is pleased to congratulate KingFisher Boats on being named one of Canada's Best Managed Companies, recognizing its excellence in leadership, business performance and innovation," said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. "As a sponsor of the Canada's Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies like KingFisher Boats as leaders in their industry."
KingFisher Boats attributes their success to a strategic approach with bold execution. Strategically, KingFisher participates in annual forecasting with a close eye on economic trends. With a finger on the pulse and a passion for the industry, KingFisher boldly executes plans including entrance into new markets, implementing the latest technologies, evaluating processes and maintaining a culture of excellence. KingFisher positions themselves as a market leader with an annual mandate of four new category leading models.
"We are honoured and extremely proud to have achieved this designation" said Byron Bolton, CEO. "This award is a testament to the skill and passion demonstrated by our team every day at the KingFisher Center of Excellence."
"It's much more than just financial performance," said Peter Brown, Partner, Deloitte and Co-Leader, Canada's Best Managed Companies program "The ingredients to success also include overall business performance and sustained growth. It takes dedication and commitment from the entire organization."
Canada's Best Managed Companies is one of the country's leading business awards programs recognizing innovative, world-class business practices. KingFisher Boats competed for this designation through a rigorous and independent process to evaluate the calibre of their management abilities and practices.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
About KingFisher Boats
KingFisher Boats is a world leader in the design, development, manufacturing, distribution and marketing of heavy-gauge aluminum recreational fishing, sport and commercial boats. We build and distribute 33 models in 5 series: Offshore, Coastal, Sport, Multi-Species and River Jet through an extensive global dealer network from California to Alaska to Newfoundland. The KingFisher Center of Excellence is a comprehensive manufacturing facility with 150 employees who build each KingFisher boat, one at a time, by hand. Experience our facility and learn more at www.kingfisherboats.com
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 $15 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) Canada's Best Managed Companies new winner (one of the new winners selected each year); 2) Canada's Best Managed Companies winner (award recipients that have re-applied and successfully retained their 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 retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
For further information, please contact:
Mark Delaney, Director, Sales & Marketing