DEERFIELD, Ill.--(BUSINESS WIRE)--
Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading
home and security products company, today announced that it has been
named to FORTUNE magazine's 2014 List of World's Most Admired Companies
for the third consecutive year. The Company ranked No. 3 in the Home
Equipment, Furnishings category in 2014, improving in six of the nine
key attributes used to rank corporate reputation.
"We are honored to receive this prestigious recognition as our Company
caps off an excellent second full year as an independent Company," said
Chris Klein, chief executive officer, Fortune Brands Home & Security,
Inc. "On behalf of our more than 19,000 associates, we are proud to be
recognized at this critical time as the market for our products expands
and our own strong performance puts us on track for continued growth."
FORTUNE's World's Most Admired Companies list is the definitive report
card on corporate reputation. Hay Group, a global management consulting
firm, has collaborated with FORTUNE annually since 1997 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, quality of products and
services, and global competitiveness.
Among those key attributes, Fortune Brands ranked No. 2 in its industry
and ahead of a number of competitors in financial soundness, long-term
investment, quality of management, people management and use of
corporate assets. The company also improved its rankings between one and
three points from the previous year in the areas of innovation, social
responsibility, use of corporate assets, financial soundness and quality
of products and services—and made a five point leap in the area of
global competitiveness.
The World's Most Admired Companies list can be found on the FORTUNE
website.
About Fortune Brands Home & Security, Inc.
Fortune Brands Home & Security, Inc. (NYSE: FBHS), headquartered in
Deerfield, Ill., creates products and services that help fulfill the
dreams of homeowners and help people feel more secure. The Company's
trusted brands include Master Lock® security products, MasterBrand
Cabinets®, Moen® faucets, Simonton® windows and Therma-Tru® entry door
systems. FBHS holds market leadership positions in all of its segments.
FBHS is part of the S&P MidCap 400 Index. For more information, please
visit www.FBHS.com.
Fortune Brands Home & Security, Inc.
Media Contact:
Brian
Lantz, 847-484-4574
brian.lantz@FBHS.com
Source: Fortune Brands Home & Security, Inc.
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