DEERFIELD, Ill.--(BUSINESS WIRE)--Jan. 30, 2019--
Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading
home and security products company, today announced that it was ranked
No. 2 in the Home Equipment, Furnishings category of FORTUNEMagazine’s
2019 List of “World’s Most Admired Companies.”
“We are honored to be recognized as a leading company in our industry,”
said Chris Klein, chief executive officer, Fortune Brands. “I’m
incredibly proud of the hard work and dedication of our 25,000
associates who remain focused on strengthening our growing organization
and delivering the next phase of growth.”
FORTUNE's World's Most Admired Companies list is the definitive report
card on corporate reputation. Korn Ferry Hay Group, a global management
consulting firm, has collaborated with FORTUNE to identify, select and
rank the World’s Most Admired Companies and uncover the business
practices that make these companies highly regarded among their peers.
To compile the rankings, corporate reputation and performance are
measured against nine key attributes: innovation, people management, use
of corporate assets, social responsibility, quality of management,
financial soundness, long-term investment value, quality of
products/services and global competitiveness.
Among those key attributes, in its industry Fortune Brands ranked No. 1
in the use of corporate assets and long-term investment value, No. 2 in
quality of management and No. 3 in innovation, people management, social
responsibility and quality of products.
The World’s Most Admired Companies list can be found on the FORTUNE
About Fortune Brands
Fortune Brands Home & Security, Inc. (NYSE: FBHS), headquartered in
Deerfield, Ill., creates products and services that fulfill the dreams
of homeowners and help people feel more secure. The Company's operating
segments are Plumbing, Cabinets, and Doors & Security. Its trusted
brands include Moen, Perrin & Rowe, Riobel, Rohl, Shaws and Victoria +
Albert under the Global Plumbing Group (GPG); more than a dozen core
brands under MasterBrand Cabinets; Therma-Tru entry door systems,
Fiberon outdoor performance materials, and Master Lock and SentrySafe
security products in the Doors & Security segment. Fortune Brands holds
market leadership positions in all of its segments. Fortune Brands is
part of the S&P 500 Index. For more information, please visit www.FBHS.com.
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Source: Fortune Brands Home & Security, Inc.