Distributors

Gerrie Electric Winner of Canada’s Best Managed Companies

Affiliated Distributors would like to congratulate Ken Gerrie, Heather Gerrie and Elaine Gerrie and the great people at Gerrie Electric for being recognized as one of Canada’s Best Managed Companies.   “Our success is because of our great people, who are truly loyal and dedicated.  We want to see all of them be successful,” says Elaine Gerrie.  

Gerrie Electric was also recently been featured in two articles in the Financial Post. The first regarding the success of the organization and the second shares how Gerrie demonstrates the importance of succession planning to long-term viability.  

Gerrie Electric is a Canadian, family owned company that was founded by Ken Gerrie in 1957. Gerrie Electric has been a member of Affiliated Distributors since 1993.

Please join us in congratulating Gerrie Electric on this momentous achievement.

Here is the official press release:

Toronto, ON – Gerrie Electric Wholesale Limited was named one of Canada’s Best Managed Companies in 2014 for excellence in business performance. Sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums, the Best Managed award recognizes Canadian owned and managed companies with revenues over $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization.

The company is currently focused on the Southern Ontario market. However, Co-Presidents & CEOs Heather and Elaine Gerrie, Gerrie’s 2nd generation, are extending the company’s reach across Canada and internationally by forming partnerships with other independents. “It gives the customer the advantage to deal with the local independent but have the back office of a large global company. Together we are able to provide a solution that meets and exceeds the customer’s expectations” says Heather Gerrie, whose company expects to hit $250-million in annual sales within three years.

Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs that recognizes Canadian companies that have implemented world-class business practices and created value in innovative ways. Applicants are evaluated by an independent judging panel on how they 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.

“Our success is because of our great people, who are truly very loyal and dedicated. We want to see all of them be successful,” says Elaine Gerrie. “In turn, everything our people do is to help the customer be more successful, whether it is helping them be more competitive with the latest technology or to streamline their business and be more efficient.”

“This year’s winners demonstrate the significant impact that Canadian private companies make from coast to- coast – and beyond – by pursuing innovation and investing in meeting the needs of their clients,” said Jon Hountalas, Executive Vice-President, Business Banking, CIBC.

2014 winners of the Canada’s Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on March 31, 2015. On the same date, the symposium will address leading-edge business issues that are key to the success of today’s business leaders.

 

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