MUSCATINE, IOWA, US — The Kent Corp. has been selected as a 2020 US Best Managed Company by the Deloitte Private and The Wall Street Journal, the US Best Managed Companies program is a mark of excellence worldwide and recognizes private company success based on strategy, execution, culture and financials.
The program recognizes a select number of private companies with annual revenues of at least $250 million and demonstrated excellence in four key areas: strategy, execution, culture and financials.
“The Best Managed Companies program recognizes visionary private companies and their management teams,” said Jason Downing, vice chairman and US leader of Deloitte Private, Deloitte LLP. “The honorees have reimagined what innovation looks like in almost every major industry. I’ve been inspired by each company’s story and dedication to its mission, people, community and continued focus on excellence. We congratulate the 2020 program honorees for their accomplishments.”
US honorees join a global Best Managed Companies community of over 1,000 organizations from 20 countries.
“Kent Corp. is honored to be recognized among many established industry leaders as a US Best Managed Company,” said Gage Kent, chairman and chief executive officer of Kent Corp. “This special designation is a testament to all of our dedicated employees, who work every day to make high quality ingredients and products that are important to America’s supply chain.”
In February, a panel of external, independent judges conducted the applicant review and selection process for the US Best Managed Companies program. The program provides these companies access to a global network of peer business leaders and highlights their respective achievements to potential customers, suppliers, talent and business partners.
“We recognize the significance of this award; nearly 100 years ago my grandfather started this company by providing enduring value to his customers,” Kent said. “A century later, the list of products have changed and grown, but our company remains strong, ever expanding and innovative.”
Kent Corp. joins a global community of more than 1,000 private companies recognized as a Best Managed Company. This is the first year for the Best Managed Companies program in the United States, however it has been long-running worldwide and is now in a total of 21 countries.
Founded in 1927, Kent Corp. has grown to be a global marketer of sustainable, grain-based products as well as high-quality food, personal care and hydration solutions. Kent Corp. is the parent company of Grain Processing Corp., Kent Nutrition Group, Kent Pet Group and Kent Precision Foods Group.