ST. LOUIS, May 6, 2024 /PRNewswire/ -- Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, is proud to announce it has been selected as a 2024 US Best Managed Company. Now in its fifth year, the award, sponsored by Deloitte Private and The Wall Street Journal, recognizes the achievements of U.S. private companies and the successes of their management teams.

"We are honored that Graybar is a 2024 Best Managed Company," said Graybar Chairman, President and Chief Executive Officer Kathleen M. Mazzarella. "This year marks 95 years of employee ownership at Graybar, which means our people are truly invested in the company's long-term success. This creates a culture of excellence, where we hold ourselves to a high standard and consistently focus on doing what's right for our customers, our company, and the communities we serve. We look to the future with confidence, as we embrace new opportunities to innovate, grow and make a positive impact."

US Best Managed Companies is part of a global Deloitte Private program. Honorees are selected by an external panel of judges who evaluate applicants based on strategy, ability to execute, culture, and governance and financial performance. They join an ecosystem of organizations from more than 44 countries.

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. Thousands of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture, and governance/financials. For more information, visit www.usbestmanagedcompanies.com.

About Graybar

Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of more than 345 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.

Media Contact: 

Tim Sommer

(314) 578-7672

timothy.sommer@graybar.com

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SOURCE Graybar