GREENWICH, Conn., Jan. 16, 2014 /PRNewswire/ - Chief Executive magazine today recognized the Mid-Market Elite 100 exceptional companies with revenue between $10 million and $1 billion.
"The Middle Market often gets overlooked, in the shadows of big corporations and small business," said J.P. Donlon, editor in chief of Chief Executive magazine. "While accounting for just 3% of U.S. companies, the Middle Market is responsible for 1/3 of all jobs and 36% of U.S. payrolls. The Mid-Market Elite represent the best within this critical sector."
Mid-Market Elite winners demonstrate at least one of the following characteristics: superior growth, a track record of innovation, an exceptional corporate culture, charismatic leadership, and a compelling business model.
There are approximately 197,000 companies in the U.S. that comprise the Mid-Market, according to the National Center for the Middle Market at the Fisher School of Business at The Ohio State University.