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BorgWarner Named to Fortune's 2026 World's Most Admired Companies List
Prnewswire· 2026-01-23 14:30
Core Insights - BorgWarner has been recognized as one of the 325 companies on Fortune magazine's 2026 World's Most Admired Companies list, marking the fourth consecutive year of this accolade [1][7] - The company ranked 3rd out of 8 in the "motor vehicle parts" category, highlighting its strong reputation within the industry [1][7] Company Recognition - The recognition reflects the commitment of BorgWarner's employees and their efforts in fostering an inclusive culture of excellence, collaboration, and mutual respect [2] - Joseph Fadool, President and CEO, expressed gratitude towards employees, customers, suppliers, and communities for their support and partnership [2] Selection Process - The annual list is based on a corporate reputation survey conducted by Fortune in collaboration with Korn Ferry, which included an initial pool of about 1,500 candidates [2][3] - The final selection involved narrowing down to the highest-revenue companies in each industry, resulting in a total of 685 companies across 29 countries [2][3] Evaluation Criteria - Companies were rated on nine attributes, including investment value, quality of management and products, social responsibility, and ability to attract talent [3] - A company must rank in the top half of its industry survey to be included in the list [3] Industry Impact - The recognition underscores the importance of innovation, resilient leadership, and global impact in the face of rapidly advancing technologies such as AI [4] - Companies on the list are noted for their ability to evolve with purpose and foresight, shaping the future of global business [4] Company Background - BorgWarner has over 130 years of experience as a global product leader, focusing on mobility innovation and sustainability [5]