McDougall Energy Celebrates 12th Year Among Canada’s Best Managed Companies

Sault Ste. Marie, ON (May 9, 2023) – McDougall Energy Inc. (“McDougall Energy”) is proud to be recognized for its industry-leading performance and sustained growth by being named one of Canada’s Best Managed Companies for 2023. This achievement maintains the company’s Platinum Club status by retaining its Best Managed designation since 2011.

“The 2023 Best Managed winners exemplify the highest Canadian business standards of innovation, adaptability, and resilience,” says Lorrie King, partner at Deloitte Private and co-leader for Canada’s Best Managed Companies program. “Over the past year, companies such as McDougall Energy have accelerated their growth by continuously adapting and successfully responding to challenges, seizing new opportunities, leveraging industry-leading competencies to maximize their investments, and driving sustainable results.”

Celebrating its 30th anniversary, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing private Canadian-owned enterprises for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

“Retaining our Best Managed designation for 12 consecutive years is an honour and accomplishment the McDougall Energy team and I are especially proud of. It celebrates the collective effort of all who have contributed to our company’s ongoing success and sustainability,” says Darren McDougall, President of McDougall Energy. “The business landscape is changing, but our values have not. This award validates our team’s diligence, commitment, and resilience. I want to thank Canada’s Best Managed Companies’ judges, coaches, and sponsors for this award and recognition.”

Established in 1949, McDougall Energy is a third-generation, family-owned Canadian business headquartered in Sault Ste. Marie, Ontario. As one of the largest and most diversified, 100% family-owned fuel and lubricant marketers and distributors in Canada, McDougall Energy has local offices across Ontario and team members in Western Canada. Family values and community-mindedness remain essential to its success and guide business decisions. Each regional office is staffed by team members who live and work in the communities they operate within. McDougall Energy is committed to building and maintaining strong customer relationships in new and existing markets.

Best Managed Companies are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2023 award recipients commonalities, including having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.

The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4‑6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.

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About McDougall Energy Inc.

McDougall Energy Inc. is a privately-owned, third-generation Canadian family business serving households, businesses, motorists, and wholesale energy customers since 1949. The Company is a trusted distributor and marketer of propane, Esso, and Shell fuel products and lubricants. McDougall Energy offers its products and services across the country with local offices and teams in Ontario and Western Canada. The Company owns a network of Esso and Shell-branded retail stations and its proprietary Pump retail brand. McDougall Energy Inc. has been consecutively recognized as one of Canada’s Best Managed Companies since 2011, retaining its Platinum Club status.

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