Henry Schein Inc, distributor of health care products and services, has been ranked number one in the “Wholesalers: Health Care” industry in the Fortune 2008 list of America’s Most Admired Companies. The findings of the survey, which included 622 companies in 64 industries, are posted on Fortune’s Web site and are published in the March 17 issue of Fortune magazine.
Contributing to Henry Schein’s top overall ranking in its industry were number-one rankings in seven of the eight key attributes of reputation: innovation, use of corporate assets, quality of management, financial soundness, long-term investment, quality of products/services, and social responsibility. This marks the fourth consecutive year that Henry Schein has been named number one in its industry for social responsibility.
"It is very gratifying to be admired for our business practices and the qualities of our company, and we are honored to be recognized along with some of the most respected companies in this country," said Stanley M. Bergman, chairman and CEO of Henry Schein. "This is particularly special because we were selected by the people who know us best: senior executives, outside directors, and industry analysts who are familiar with Henry Schein and our competitors within the industry. This designation is a source of great pride for over 12,000 Team Schein Members around the world, whose collective commitment to customer service and giving back to society has made this achievement possible."
To determine the Most Admired rankings, Fortune and its partner, Hay Group, surveyed Fortune 1000 and Global 500 companies and the top foreign companies operating in the United States. Customized industry questionnaires were distributed to senior executives, directors, and industry analysts, who were asked to rate companies in their own industry on eight criteria. This is the 26th year that the survey of America’s Most Admired Companies has been conducted.