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Mary Kay, Inc. Selected A 2022 US Best Managed Company

The 2022 designees are US private companies that have demonstrated excellence in strategic planning and execution, resilient culture and more.

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By: Lianna Albrizio

Associate Editor

Mary Kay Inc., a prestige beauty company founded by Mary Kay Ash in 1963 dedicated to investing in the science behind beauty and manufacturing, cutting-edge skincare, color cosmetics, nutritional supplements and fragrances, has been selected as a 2022 US Best Managed Company. 
 
Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding US private companies and the achievements of its management teams.
 
Founded nearly 60 years ago, the multi-billion-dollar entrepreneurship development company with millions of independent sales force members in nearly 40 countries, works to empower women on their journey through education, mentorship, advocacy, networking and innovation. 
 
Mary Kay is honored to be recognized by Deloitte, especially in the category of commitment to our people,” said Melinda Foster Sellers, chief people office at Mary Kay Inc. “Our people are the foundation of the incredible work we do around the world and are the reason we’ve made such an impact on female empowerment and entrepreneurialism since 1963. It’s essential to us that our management team embody that Mary Kay spirit.”
 
The 2022 designees are US 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. This year’s designees continued to propel its businesses forward by prioritizing purpose, investing in its workforces, and demonstrating its commitment to diversity, equity and inclusion.
 
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 governance/financial performance. They join a global ecosystem of honorees from more than 40 countries recognized by the Best Managed Companies program.
 
About the Best Managed Companies Program
 
The Best Managed Companies program is a mark of excellence for private companies. US designees have revenues of at least $250 million. 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. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, go here.  
 

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