KBzine: the original kitchen and bathroom industry e-news - since 2002
19th October 2018
We strongly recommend viewing KBzine full size in your web browser. Click our masthead above to visit our website version.
Whirlpool named one of Fortune's World's most admired companies for third time
The Whirlpool Corporation has been recognised as one of Fortune Magazine's World's Most Admired Companies in the Home Equipment, Furnishings industry sector. The company finished first in this sector for the third year in a row.
Whirlpool's highest marks came in the people management, quality of management and global competitiveness categories. Other companies joining Whirlpool on the Home Equipment, Furnishings list include Tupperware Brands, Newell Rubbermaid and Steelcase. Companies that also ranked top of their business sectors include Boeing, Nike, Apple, American Express, GE, IBM and Google.
Past successes for Whirlpool Corporation include being ranked in Corporate Responsibility Magazine's 100 Best Corporate Citizens for the 10th year running in 2012, recognised as one of the Most Respected US companies by Forbes Magazine and Reputation Institute for the fifth year running, and awarded the 2012 Energy Star Sustained Excellence award by the US Environmental Protection Agency for the seventh straight year. Whirlpool was also included on the World's Most Admired Companies list in 2009, 2011 and 2012.
Jeff M. Fettig, chairman and CEO of Whirlpool Corporation, says: "As the largest and most innovative appliance company in the world with over 102 years of history, it is an honour to once again be named one of Fortune Magazine's World's Most Admired Companies. We are particularly proud of our scores in the management and global competitiveness categories and believe that we are poised for continued success in 2013, benefiting our consumers, suppliers, employees, shareholders and communities, especially those in which we operate."
Fortune's rankings are published each year and reflect the observations and opinions of executives who rate their peers and competitors on nine different aspects. These aspects include innovation, people management, use of corporate assets, social responsibility, quality of management, long-term investment, and financial soundness, quality of products and services, and global competitiveness. More information on the World's Most Admired Companies can be found at:
Whirlpool Corporation achieved annual sales of approximately $19 billion in 2011 and has 68,000 employees and 66 manufacturing and technology research centres around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world.
22nd March 2013