Lineage Recognized as a 2023 US Best Managed Company for Second Consecutive Year
May 08, 2023
Novi, MI, May 9, 2023 – Lineage, LLC (or the “Company”), one of the leading temperature-controlled industrial REITs and integrated solutions providers worldwide, has been named a 2023 US Best Managed Company for a second consecutive year. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams.
As a 2023 designee, Lineage joins a cohort of 56 U.S.-based private companies that have each successfully demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic culture, as well as strong financials. This year’s honorees have propelled their businesses forward and remained true to their purpose and values by investing in their people, creating advantage through digital transformation, taking measurable action on sustainability, and demonstrating their commitment to diversity, equity, and inclusion.
“We are extremely honored to have been named a US Best Managed Company for a second year in a row – a testament to our impressive management team, incredible team members, and the enduring strength of our strategic plan,” said Greg Lehmkuhl, President and CEO of Lineage. “I’m truly proud to witness the evolution of Lineage from its founding in 2012, in which we’ve seen tremendous global growth by staying laser-focused on delivering for our customers while living out our values every day. At Lineage, we remain dedicated to creating the best company possible so that we can help keep the world fed.”
Applicants were evaluated and selected by a panel of external judges that focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. Lineage joins a global ecosystem of honorees from more than 46 countries recognized by the Best Managed Companies program.
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers with an unrivaled global network of over 430 strategically located facilities, totaling over 2 billion cubic feet of capacity across 20 countries in North America, Europe, and Asia-Pacific. Coupling industry-leading expertise in end-to-end logistical solutions and innovative technology, Lineage partners with the world’s largest food and beverage companies to increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage has been named a CNBC Disruptor 50 Company for two consecutive years, twice named a US Best Managed Company, named the No. 1 Data Science company, and 23rd overall, on Fast Company’s list of The World’s Most Innovative Companies, and was included on Fortune’s Change the World list. (www.lineagelogistics.com)
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.