Kravet Inc. Recognized as a ‘US Best Managed Company’ For Third Year Running

May 9, 2023

Cary Kravet
Cary Kravet

WOODBURY, NY—Kravet Inc. has been voted a US Best Managed Company this year--for three years in a row
The program is sponsored by Deloitte* Private and The Wall Street Journal and recognizes outstanding U.S. private companies and the achievements of their management teams.
According to the sponsors, Kravet has demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic culture, as well as strong financials. Designees 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.
Cary Kravet, CEO of Kravet Inc. says, “We are honored to be acknowledged as a Best Managed Company for the third year in a row. This is a team-based award, and our achievement is a testament to our employees and how they make our company thrive. As we celebrate this accomplishment, we plan to continue to best service our customer, the interior design trade, as well as take care of our employees.”
Kravet was evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. Kravet joins a global ecosystem of honorees from more than 46 countries recognized by the Best Managed Companies program.
According to the sponsors, The Best Managed Companies program is a mark of excellence for private companies. 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.
About Kravet Inc.
Kravet was established in 1918 and is a major home furnishings resource exclusively to the design trade. A A fifth generation family business, Kravet Inc. has grown to offer fabrics, furniture, wallcoverings, trimmings, carpets and accessories. Kravet has transformed itself from a small fabric house to a global player representing brands and designers from all over the world.
Kravet Inc. owns Kravet, Lee Jofa, Brunschwig & Fils, GP & J Baker and Donghia brands, and distributes a series of other high market brands. Kravet also offers an edited collection of unique, high-quality finished products across all categories for the home through CuratedKravet.
 


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