Fortune released its annual list of the “World’s Most Admired Companies” for 2018. Among competitors in the Wholesalers: Diversified category, Grainger ranks No. 1, Graybar No. 2, and WESCO No. 3.
“It’s an honor to earn a spot on Fortune’s 2018 ‘World’s Most Admired Companies’ list, and we’re very proud to rank number one in our category for the fifth year in a row,” said Grainger Chairman and Chief Executive Officer, DG Macpherson. “This recognition is a testament to our thousands of team members who work to create unique value for our customers, while ensuring an effortless experience every time. When we consistently execute in those two areas, we develop trust and respect as a company with all of our stakeholders.”
Craig Arnold, Eaton Chairman and Chief Executive Officer, stated: “We are incredibly honored to be recognized among the World’s Most Admired Companies for the outstanding work our employees do every day to improve the quality of life and the environment through our power management products and services.”
Fortune’s “World’s Most Admired Companies” list is a definitive report card on corporate reputations. To determine the best-regarded companies in 52 industries, the survey asked executives, directors and analysts to rate enterprises in their own industry on nine criteria, such as investment value, quality of management and products, social responsibility and ability to attract talent.
Following is a partial list of NAED industry members found on the Fortune website.
- Wholesalers: Diversified — Grainger, Graybar, WESCO
- Wholesalers: Electronics — Arrow Electronics
- Industrial Machinery — Siemens, ABB, Emerson Electric, General Electric
- Electronics — Eaton, Schneider Electric, Honeywell