Standard Textile Recognized as a US Best Managed Company
We’re proud to announce that our parent company, Standard Textile, has been selected as a 2021 US Best Managed Company. Standard Textile has been crafting linens for clients around the globe for more than 80 years. We launched Standard Textile Home in 2019 to bring our collection of bedroom and bath essentials made for the finest hotels to your home.
Sponsored by Deloitte Private and The Wall Street Journal, the Best Managed Companies program recognizes outstanding U.S. private companies and the achievements of their management teams.
Applicants for the Best Managed Companies program are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and financial performance. Standard Textile joins a global ecosystem of honorees from more than 30 countries recognized by the Best Managed Companies program.
The 2021 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic, resilient culture, as well as strong financials, all while facing the uncertainty of the COVID-19 pandemic. Despite major challenges and immense pressure, they continued to lead with purpose and the vision to make significant contributions to their industries, communities, workforces, and the economy.
“I am very proud that Standard Textile has been selected as a 2021 US Best Managed Company. In 2020, during a year of uncertainty, our leadership team and associates came together as a One Standard team to ensure our communities had continuous access to essential supplies needed to safeguard the health of clinicians, patients, and their families,” said Gary Heiman, President and Chief Executive Officer of Standard Textile. “This recognition speaks to the team’s extraordinary commitment to doing what is best for our customers and our communities.”
Our mission is to create bed and bath products that provide comfort to all who use them. We are grateful for our wonderful team and thank you to our amazing customers for your support!
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in a rigorous and independent process that evaluates four key criteria in their management skills and practices—strategy, execution, culture and financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.