COOKE AQUACULTURE SCOOPS PRESTIGIOUS AWARD

Cooke Aquaculture scoops prestigious award. Cooke Aquaculture Inc. has been recognised as a 2021 winner of the Canada’s Best Managed Companies Platinum Club designation. The family owned and operated company based in Blacks Harbour, New Brunswick, says it is proud to be acknowledged for the 16^th consecutive year.

“This year has been challenging for many and at Cooke we were certainly no exception to this,” said Glenn Cooke, CEO of Cooke Aquaculture Inc. “I’m extremely grateful for the continued determination and commitment I’ve witnessed from our teams during these difficult times. Because of this determination, we were able to supply consumers with a reliable and nutritious food source of fresh Atlantic salmon.”

Cooke Aquaculture is among hundreds of entrepreneurial companies that compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices. This year, Best Managed companies share commonalities that include enabling a remote workforce, making employee health a top priority, acting with an increased sense of purpose and social responsibility, and a significantly heightened focus on cash flow.

“This year’s Best Managed winners demonstrate the organisational grit required to thrive in these increasingly uncertain times,” Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies programme. “By putting their people first, and showing the courage to experiment and take risks, they were able to overcome some of today’s most pressing challenges. This year’s winners were able to succeed because they weren’t afraid to fail.”

The 2021 Best Managed programme award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth. Participating in the Best Managed Companies programme each year is just one of the ways Cooke Aquaculture ensures that the company is meeting best practices across their divisions.

“The health of our people, our families and our community members remain a top priority as we work through this pandemic together. We continue to operate under the guidelines of our health authorities to ensure our local food source is available.” says Glenn Cooke “We are proud to participate in third-party certification programmes because they challenge us all to exceed regulatory requirements and holds us accountable across all divisions.”

Now in its 28th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programmes recognising Canadian-owned and managed companies for innovative, world class business practices.

“CIBC is proud to be a sponsor of Canada’s Best Managed Companies, which celebrates the tremendous achievements of our country’s leading organisations across a wide array of industries”, said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “And in light of this past year, these winners were not only able to weather the immediate challenges of the pandemic, but in this new disruptive environment were able to set a course for future growth and investment.”

The 2021 winners of the Canada’s Best Managed Companies award will be honoured at a virtual gala. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders.