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Kravet Recognized as a US Best Managed Company

April 23, 2021

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Cary Kravet, President
Cary Kravet, President

BETHPAGE, NYKravet Inc. has been selected as a 2021 US Best Managed Company by Deloitte Private and The Wall Street Journal.
The program recognizes outstanding U.S. private companies and the achievements of their management teams.

The 2021 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people, and fostering a dynamic, resilient culture, as well as strong financials, all while facing the uncertainty of the COVID-19 pandemic.

“We are honored and humbled to be named a Deloitte Best Managed Company along with 28 other private companies across the USA,” says Cary Kravet, President. “Deloitte’s external panel of judges designates companies for this award and not individuals or management groups. In fact, they addressed the announcement letter to us as ‘Dear Kravet Team’. That ‘Team’ appellation makes this distinction all the more valuable to my family, as it is an achievement that has been earned by and can be shared throughout our entire company.”

Applicants are 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 financial performance. They join a global ecosystem of honorees from more than 30 countries recognized by the Best Managed Companies program.

About the Best Managed Companies Program
The Best Managed Companies program is considered 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 a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture, and financials.

Kravet Inc., established in 1918, is a well-known resource and industry leader for home furnishings, available exclusively to the trade. A fifth-generation family business, Kravet Inc. has grown to offer fabrics, furniture, wallcoverings, trimmings, carpets, and accessories.

Continued commitment to innovation has helped the company transform from a small fabric house to a global leader, representing brands and designers from all over the world. Kravet Inc. owns Kravet, Lee Jofa, Brunschwig & Fils, GP & J Baker, and Donghia, and distributes a series of other high market brands – all specializing in style, luxury, and exceptional design. A one-stop shopping resource for all interior design needs, Kravet Inc. also offers an edited collection of unique, high-quality finished products across all categories for the home through CuratedKravet.  



 


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