Carrington Among Canada's Best Managed
Edmonton, AB – May 23, 2024 – Carrington Group of Companies is proud to be recognized for the third consecutive year for industry-leading business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2024 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $50 million demonstrating leadership in the areas of innovation, adaptability, culture and commitment, and financials to achieve sustainable growth. Now in its 31st year, Canada’s Best Managed Companies remains one of the country’s leading business award programs recognizing Canadian-owned and managed companies for innovative, world-class business practices.
As a proud Canadian family owned and operated company, Carrington Group of Companies has grown over 50 years to design, build and manage each development using an innovative approach, incorporating the latest technology and trends to deliver unsurpassed quality, service, affordability, and create lasting value for our customers . Our continuous investment in process improvement, collaboration and team development allows us to pivot as market and customer demands evolve.
“We are honored to be named one of Canada’s Best Managed Companies for a third straight year. The award is the result of the hard work and dedication of our entire Carrington team along with the continued support of our trade partners”, said Jason Theiss, Chief Financial Officer of the Carrington Group of Companies. “We would like to thank them for their continued commitment to the Carrington Group and we celebrate this recognition with them. We look forward to celebrating with our team, trades and business partners for years to come as we continue to build on the status of being named one of Canada’s Best Managed.”
"The Best Managed winners' continued adaptability in an era of uncertainty sets the standard for how to overcome new barriers and demonstrate resiliency at the highest levels," says Derrick Dempster, national co-leader of Canada's Best Managed Companies program and partner at Deloitte Private. "By leveraging industry leading competencies to maximize their investments and drive sustainable growth, these companies truly impact how Canada is viewed on the world stage when it comes to the success of private business."
Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges.
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 $50 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 Private, CIBC, The Globe and Mail, Salesforce, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About Carrington Group of Companies
Founded by Ken Ferchoff in 1973, he set out to build quality and affordable homes, and since then Carrington Group of Companies has grown to be a top, award-winning residential builder and developer in Western Canada. The original purchaser of Ken’s first built home still resides there 50 years later, a true testament to Ken’s commitment to building exceptional homes.
Our family-owned and operated company focuses on key facets of our industry to offer our clients housing throughout their entire life journey – single-family housing, multi-family housing, rental, retirement, and land.
Media Contact:
Jason Theiss, Chief Financial Officer
T: 780-439-5000
E: jtheiss@carrington.ca