Lennox was honored in the Wall Street
Journal's list of 2023 Best Managed Companies, showcasing
excellence in business, leadership, and strategic vision.
RICHARDSON, Texas, Feb. 1, 2024
/PRNewswire/ -- Lennox (NYSE: LII), a leading provider of
innovative climate solutions, has been selected for The Wall Street
Journal's prestigious list of Best Managed Companies of 2023. The
list ranks America's largest publicly traded companies based on
Peter Drucker's principles of
corporate effectiveness, which include customer satisfaction,
employee engagement and development, innovation, social
responsibility, and financial strength.
"We are incredibly honored that Lennox has been recognized by
The Wall Street Journal as one of the Best Managed Companies of
2023," said Alok Maskara, Lennox
Chief Executive Officer. "In 2023, Lennox experienced significant
success as we accelerated growth and expanded resilient margins by
leveraging the Lennox Unified Management System to execute and
deliver record results."
Lennox is a leader in sustainable technology, developing
innovative products that revolutionize comfort and make air
perfect. In 2023, Lennox sold its one millionth Lennox Smart
Thermostat and launched the Lennox S40 Smart Thermostat. The Lennox
S40 Smart Thermostat was recognized as one of the Green Builder's
2023 Sustainable Products of the Year for its groundbreaking smart
home technology. In addition, Lennox furthered its sustainability
commitment by signing an agreement with the California Energy
Commission (CEC) to help the state reach its goal of installing six
million heat pumps by 2030.
Through the LII Lennox Foundation, Lennox donates up to 1% of
its net income to charities that make an impact where its employees
live and work. Strategic partnerships with non-profit organizations
such as Operation Warm offer volunteer opportunities for employees
across the company who can take up to 8 hours a year of paid
volunteer-time-off. The Foundation focuses on health, education and
the environment and amplifies the scope and impact of charitable
initiatives at Lennox.
"This recognition comes at a special time in our history,"
Maskara continued. "We celebrate the 25th anniversary of
going public and listing on the New York Stock Exchange (NYSE: LII)
this year, which happened more than 100 years after the company was
founded by Dave Lennox. This
achievement is a testament to the collective strength of our team,
and we look forward to more milestones as we build on this success
together."
About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control
solutions. Dedicated to sustainability and creating comfortable and
healthier environments for our residential and commercial customers
while reducing their carbon footprint, we lead the field in
innovation with our cooling, heating, indoor air quality, and
refrigeration systems. Additional information on Lennox is
available at www.lennox.com.
Media Contact
pr@lennox.com
Investor Relations Contact
investor@lennox.com
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SOURCE Lennox International Inc.