Fortune Brands Makes "Most Admired" List
Therma-Tru Doors and Simonton Windows parent Fortune Brands Home & Security Inc. has been named to Fortune Magazine’s 2012 list of World’s Most Admired Companies. The company ranked number three in the “Home Equipment, Furnishings” category.
“We are proud of this ranking, which is a reflection of our 16,000 associates around the world who do great work every day on behalf of our shareholders, customers and consumers,” says Chris Klein, Fortune CEO. “It is especially gratifying to receive this honor after only five months as an independent company. We believe we are well-positioned to remain successful regardless of the pace of the housing recovery, with efficient supply chains, a strong capital structure and a clear strategy.”
FBHS spun off from Fortune Brands Inc. in October 2011.
Fortune's Most Admired Companies list is based on an annual survey given to top executives, directors and financial analysts to identify the companies that enjoy the strongest reputations within their industries and across industries. Hay Group, a global management consulting firm, has collaborated with the magazine annually since 1997 to identify, select and rank the World’s Most Admired Companies, as well as uncover the business practices that make these companies highly regarded among their peers.
The full World’s Most Admired Companies list can be found on the Fortune website.