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Fountain Tire Named to Canada’s Best Managed Companies List

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Associates of Fountain Tire—one of Canada's Best Managed Companies. Photo Fountain Tire

The winners of the 2023 Canada’s Best Managed Companies awards program were announced, shining a spotlight on the nation’s top private companies. Fountain Tire was named to the list once again.

“We’re honoured to be selected again as one of Canada’s Best Managed Companies,” says Fountain Tire CEO, Jason Herle. “Fountain Tire has seen a lot of change since we were first granted the award in 1994, including our leadership, the ways we work and our geographic footprint. But one thing has remained steady: our fundamental culture of people and partnerships has always driven the company’s success.”

Established in 1993, Canada’s Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian headquartered companies. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

People-first approach

Fountain Tire was selected for the award for its people-first approach, including customer relations, supportive corporate culture and innovative business model, wherein local leaders split ownership of their store 50/50 with the company.

“People have always been at the centre of our business strategy,” adds Herle. “We set out to deliver an exceptional customer experience while fostering the development, inclusivity and success of our associates and store owners.”

Corporate enhancements that contributed to this year’s win include—investment in digital technologies to improve productivity and customer interaction; enhanced supply chain and distribution networks to better serve customers; and, an increased focus on diversity, equity and inclusion in the workplace.

In addition to being named among Canada’s Best Managed Companies each year since the program’s inception, Fountain Tire maintains Platinum Club Member status in recognition of seven or more consecutive years of Best Managed status.

 

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