Ray Waddell's Nomination for Entrepreneur Of The Year
Ernst & Young LLP (EY US) proudly announces Ray Waddell of CEC Facilities Group as a finalist for the Entrepreneur Of The Year 2025 Southwest Award. This award celebrates exceptional entrepreneurs whose innovative ideas and leadership transform industries and drive economic growth.
Significance of the Entrepreneur Of The Year Award
The Entrepreneur Of The Year program, which is now in its 40th year, honors those who demonstrate outstanding entrepreneurial spirit, impactful purpose, and growth potential. As an award nominee, Ray represents a select group of forward-thinking leaders who are committed to creating long-term value in their businesses and surrounding communities.
Ray Waddell's Vision and Leadership Approach
In Waddell's own words, CEC was founded on the belief of building an enduring enterprise—a 100-year company focused on serving others. "Leadership has always been part of who I am, first on the court as a point guard, then in business," he explained. His recognition as a finalist reflects the company's commitment to integrity and its mission to build a sustainable legacy that impacts families and future generations.
CEC Facilities Group's Growth and Innovation
CEC Facilities Group stands out as one of the fastest-growing companies in the industrial services sector. They focus on essential services including electrical, mechanical, and design-build works that cater to various critical sectors such as healthcare and data centers. In response to the skilled labor shortage, CEC has launched CEC University, an innovative training initiative aimed at nurturing talent from within and ensuring the business thrives while providing career opportunities for upcoming professionals.
Core Values and Business Philosophy
The essence of the Entrepreneur Of The Year program is recognizing dynamic leaders for their courage and creativity. It honors original founders, transformational CEOs who innovate within existing companies, and multigenerational business leaders who modernize legacy enterprises. As part of this prestigious circle, regional award winners will be inducted into an esteemed community of entrepreneurs.
The Awards Ceremony
The announcement of the regional award winners will take place during an exclusive celebration, further enhancing the recognition of their entrepreneurial achievements. The national winners will subsequently be evaluated for the Entrepreneur Of The Year National Awards, culminating in a prestigious event in November at the Strategic Growth Forum.
Support and Sponsorship
Founded and organized by Ernst & Young LLP, the awards benefit from the support of various sponsors, including PNC Bank and Cresa, LLC. In the Southwest, additional sponsors further bolster this honorable recognition, promoting growth and leadership across businesses.
About CEC Facilities Group
CEC Facilities Group is a distinguished specialty contractor that offers a full suite of services, including electrical, mechanical, and technology integration. With a focus on high-quality solutions and client satisfaction, CEC addresses the needs of diverse industries such as commercial facilities and industrial operations. The establishment of CEC University underscores its dedication to workforce development, ensuring the future of skilled trades remains robust and sustainable.
About EY
EY is committed to fostering a better working world through innovative solutions that create value for clients, communities, and the global economy. By leveraging advanced technology and a deep understanding of market dynamics, EY helps businesses navigate complex challenges and develop strategies for future success.
Frequently Asked Questions
What is the Entrepreneur Of The Year Award?
The Entrepreneur Of The Year Award recognizes outstanding entrepreneurs who are leading their industries through innovation and ambition.
Who is Ray Waddell?
Ray Waddell is the founder and leader of CEC Facilities Group, a company dedicated to providing essential industrial services.
What impact does CEC University have?
CEC University offers training programs to nurture internal talent, addressing the skilled labor shortage in the industry while investing in employee development.
When are the regional award winners announced?
Regional award winners will be announced during a special event in June.
What does EY do?
EY provides a wide range of services, including assurance, consulting, tax, and transaction advisory, helping businesses navigate challenges and seize opportunities.
