Henry Schein Named 'Most Admired' in Its Industry in Fortune 2008 List of America's Most Admired Companies
Company's top rankings in seven key attributes of reputation elevate it to top spot in its industry Fourth Consecutive Year as #1 in social responsibility among Healthcare Wholesalers
MELVILLE, N.Y., Mar 19, 2008 (BUSINESS WIRE) -- Henry Schein, Inc. (NASDAQ: HSIC), the largest distributor of healthcare products and services in the combined North American and European markets, 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 (http://money.cnn.com/magazines/fortune/mostadmired/2008/index.html) and will be 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 Chief Executive Officer, 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 Magazine and its partner, Hay Group, surveyed Fortune 1000 and Global 500 companies as well as 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.
About Henry Schein
Henry Schein, a Fortune 500(R) company and a member of the NASDAQ 100(R) Index, is recognized for its excellent customer service and highly competitive prices. The Company's four business groups - Dental, Medical, International and Technology - serve more than 550,000 customers worldwide, including dental practitioners and laboratories, physician practices and animal health clinics, as well as government and other institutions. The Company operates through a centralized and automated distribution network, which provides customers in more than 200 countries with a comprehensive selection of more than 90,000 national and Henry Schein private-brand products in stock, as well as more than 100,000 additional products available as special-order items.
Henry Schein also offers a wide range of innovative value-added practice solutions for healthcare professionals, such as ArubA(R), the Company's electronic catalog and ordering system. Its leading practice-management software solutions have an installed user base of more than 52,000 practices, including DENTRIX(R), Easy Dental(R), Oasis(R) and EXACT(R) for dental practices, MicroMD(R) for physician practices, and AVImark(R) for animal health clinics.
Headquartered in Melville, N.Y., Henry Schein employs over 12,000 people and has operations or affiliates in 20 countries. The Company's net sales reached a record $5.9 billion in 2007. For more information, visit the Henry Schein Web site at www.henryschein.com.
SOURCE: Henry Schein, Inc.
Henry Schein, Inc.
Steven Paladino, 631-843-5500
Executive Vice President and Chief Financial Officer
steven.paladino@henryschein.com
or
Investors:
Neal Goldner, 631-845-2820
Vice President, Investor Relations
neal.goldner@henryschein.com
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Media:
Susan Vassallo, 631-843-5562
Vice President, Corporate Communications
susan.vassallo@henryschein.com