Whirlpool Corporation Chairman and CEO Jeff M. Fettig was named the 2007 recipient of the Human Capital Advantage Award by Hunt-Scanlon Advisors.
The annual award is designed to recognize a leading chief executive who has displayed excellence in human capital management while increasing shareholder value. Mr. Fettig accepted the award at Hunt-Scanlon's "The Talent-Minded Organization" conference in New York City.
"The best investments that we make to profitably grow our business are in our people," said Fettig. "As the world and the business environment have changed dramatically, Whirlpool has made significant changes in its approach to talent and the development of leaders. This recognition is a tribute to the many people at Whirlpool who have contributed to the transformation of our talent and development practices to help us deliver value to our shareholders."
Under Fettig's leadership, the company's stock price has risen more than 50% while winning a spot on Business Week's top 100 Most Innovative Companies. Additionally, Whirlpool has been recognized as one of the 100 Best Corporate Citizens by Business Ethics magazine for seven years, named to the Dow Jones Sustainability and FTSE4Good indexes, and acknowledged by numerous other sources for its proactive approach to social responsibility. Fettig is also the recipient of the CEO Leadership Award from Diversity Best Practices magazine, and the company was recently named to the 2007 list of Top Companies for Leaders as published in Fortune magazine.