VANCOUVER, BC—Darren Entwistle, president and CEO of TELUS, will be the 2011 recipient of the Fraser Institute's T. Patrick Boyle Founder's Award in British Columbia.
The Fraser Institute gives the award to recognize outstanding achievements in entrepreneurship, the promotion of free markets, and philanthropic support for private-sector, non-profit enterprises. Entwistle will receive the award during a gala celebration in November.
“Darren Entwistle exemplifies the ideals of free-market enterprise,” said Brett Skinner, Fraser Institute president.
“Under his leadership, TELUS has been extraordinarily successful, leading its peer group globally in total shareholder returns. This has contributed significantly to the economic and social well-being of Canadians. Additionally, his commitment to supporting charitable causes locally where TELUS operates is a clear example of the symbiotic relationship between success in business and the well-being of the communities in which we live and work.”
During the past 11 years as CEO and president of TELUS, Entwistle has transformed the company into one of the world’s leading communications providers, serving the needs of customers through its proven national growth strategy focused on data and wireless. Over this period, the TELUS brand has grown in value from a few hundred million dollars to more than $2 billion and has been recognized as the number one brand in Canada. Worldwide, TELUS is recognized for its innovation and leading economic performance with 35,000 team members consistently delivering the best economic results among global telecom companies. TELUS’ total returns have outperformed all of its global peers over the past five, six, seven, eight, nine and 10 plus years, generating a 113 per cent return for shareholders since 2000.
Complementing TELUS’ corporate performance is its philosophy to ‘give where we live.’ Since 2000, TELUS and its team members have contributed $245 million to charitable and not-for-profit organizations and volunteered more than four million hours of service to local communities, helping millions of Canadians in need. Ten TELUS Community Boards lead the company’s local philanthropic initiatives across the country. The TELUS team has garnered widespread recognition for its efforts in community giving and leading corporate culture, including being named:
- The most Outstanding Philanthropic Corporation in the world in 2010 by the Association of Fundraising Professionals - the first Canadian company in history to receive this recognition;
- One of Canada’s Ten Most Admired Corporate Cultures for the 2009 to 2011 period by Waterstone Human Capital;
- The organization with the Best Overall Employee Recognition Program globally in 2011 by Recognition Professionals International;
- A global leader in employee learning, having been ranked as high as #7, #6 and #3 worldwide by the American Society for Training and Development; and
- A member of the Dow Jones Sustainability World Index, which ranks the world’s top economic, environmental, and social leaders, for nine consecutive years - a feat unequalled by any North American telecommunications or cable company.
TELUS is also steadfastly committed to answering the challenges of health-care transformation and the company has been honoured by Branham Group Inc. as the number one Canadian health-care technology company for three consecutive years. TELUS and its team members are dedicated to putting people first with patient-centered technology solutions that engage them as an equal partner in the management of their health. Moreover, by leveraging the power of digital information on today’s advanced broadband networks, TELUS is committed to improving productivity and patient outcomes through the expeditious, secure, and effective movement and storage of critical health information across the continuum of care.
“Darren is very deserving of this honour for his remarkable achievements at TELUS. He has built a company that is lauded globally for its innovation, market leadership, and approach to community giving,” Skinner said.
“In an industry characterized by volatility and incessant change, he is the longest serving CEO among global incumbent telecom companies. TELUS’ journey under Darren’s leadership since 2000 is truly one of incredible transformation and success that all Canadians can be proud of.”