Coming off of news earlier in the week of a record year financially, employees of Whirlpool Corporation are basking in the glow today of news that FORTUNE Magazine has named the appliance maker to its list of the World’s Most Admired Companies for the tenth year in a row.
With the release of the new list, Whirlpool Corporation marks a full decade of consecutive recognition on the prestigious list which ranks the most reputable companies around the world based on an assessment by peers within their respective industries. This year, Whirlpool Corporation is recognized as number three in the Home Equipment, Furnishings category.
Whirlpool Chairman & CEO Marc Bitzer says, “This milestone is an acknowledgment of Whirlpool Corporation’s continued leadership on the global stage,” and adds, “Our efforts to drive innovation–not only in our product portfolio, but in areas like sustainability and employee benefits–are resonating with an audience that has a close eye on our business.”
Whirlpool is one of just eight Michigan-based companies to make the list this year. The others are Domino’s Pizza, General Motors, Kellogg, Lear, Penske Automotive Group, Steelcase, and Stryker.
Whirlpool’s 108-year history of delivering excellence and its constant pursuit of improving life at home for people around the world are recognized by companies beyond its immediate industry as well. Most recently, Whirlpool Corporation was named a Best Employer for Diversity in 2019 and included on the 2019 Dow Jones Sustainability North America Index.
FORTUNE’s annual list is based on a survey of corporate reputation that takes into account the observations and opinions of 3,770 industry executives. The survey consists of nine different categories:
- People management
- Use of corporate assets
- Social responsibility
- Quality of management
- Long-term investment
- Financial soundness
- Quality of products and services
- Global competitiveness
Nearly 1,500 companies are considered for inclusion in the final ranking.
Click the link below to see the full list of the World’s Most Admired Companies:
Whirlpool Corporation, with world headquarters in Benton Harbor, is the world’s leading major home appliance company, with approximately $21 billion in annual sales, 92,000 employees and 65 manufacturing and technology research centers in 2018. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and other major brand names in nearly every country throughout the world.