#United States #Deloitte #St. Louis #Graybar #Best Managed

Graybar Celebrated for Management Excellence

Graybar, a prominent player in the distribution of electrical and industrial products, is thrilled to announce its designation as a 2026 US Best Managed Company. This honor, awarded by Deloitte Private and The Wall Street Journal, is conferred upon prestigious private companies in the United States demonstrating exceptional management, governance, and long-term strategy.

A Testament to Excellence

In a competitive landscape, being recognized as a Best Managed Company signifies not just financial success but a robust ability to execute strategic plans. This year's honorees, including Graybar, have shown resilience amidst market volatility while making significant investments in digital transformation and AI capabilities, which are crucial in today’s rapidly changing business environment.

Kathleen M. Mazzarella, Graybar's Chairman, President, and CEO, described the accolade as a testament to the hard work and dedication of their employees. She emphasized, "It's a tremendous honor to be named a US Best Managed Company for three consecutive years. This recognition reflects the dedication of our employees and the strength of our employee ownership culture. By managing our business with a long-term perspective and staying true to the values that have guided Graybar for more than 100 years, we continue to deliver exceptional value to our customers while we transform our company for the future."

Four Pillars of Excellence

The selection process for the Best Managed Companies designation relies on an extensive evaluation conducted by an external panel of judges. They assess applicants on four pivotal areas:

1. Strategy: How well companies plan and implement their business strategies.
2. Ability to Execute: The competence in executing strategic initiatives effectively and efficiently.
3. Corporate Culture: The company’s organizational culture and its alignment with overall business objectives.
4. Governance and Financial Performance: The soundness of government practices along with financial health.

Graybar, joining over 44 countries in this global ecosystem of honorees, reinforces its commitment to fostering connections with employees, customers, and the community.

Commitment to Innovation and Future Growth

The recognition acknowledges Graybar’s ongoing efforts to adapt and innovate. The company's strategy to integrate advanced technologies and expand its service capabilities allows them to anticipate and meet the evolving needs of their clients. By doing so, Graybar not only enhances its operational efficiency but also solidifies its reputation as a leader in supply chain management and logistics.

Graybar operates from 355 distribution facilities across North America, ensuring it can reliably supply top-quality products from a vast portfolio of manufacturers. This extensive network is integral in supporting customers with timely service and access to the latest products in electrical, industrial, automation, and connectivity sectors.

About Graybar

Graybar is recognized as one of the largest employee-owned companies in North America and a renowned distributor of electrical and industrial products. With its Fortune 500 status, the company prides itself on a culture of employee ownership that empowers its team members.

By focusing on sustainable growth and maintaining high standards in governance and execution, Graybar not only achieves financial success but also sets benchmarks for industry standards.

For more information about their services and to learn more about their recent recognition, visit Graybar's official website.