DEERFIELD, Ill.--(BUSINESS WIRE)--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 FORTUNE Magazine’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 website.
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.