Reviewed by: Mary Helene Hall
Milo’s Tea CEO wins prestigious national Entrepreneur of the Year Award
Reading time: 2 minutes
Birmingham-based Milo’s Tea Company’s CEO Tricia Wallwork has been named the family business Entrepreneur of the Year by Ernst & Young.
For 40 years, Ernst & Young’s Entrepreneur Of The Year award has recognized entrepreneurs throughout the U.S. who are revolutionizing industries and leading businesses that will shape the future. Wallwork was chosen as the winner in the Family Business category from a group of 221 Entrepreneur of the Year regional winners, representing 191 companies across the United States.
“Family businesses are the backbone of the American and global economies and I truly believe are the key to solving many of the challenges facing humanity today because we are able to think in terms of generations, not quarters, and invest in long-term value creation while stewarding deep, meaningful purpose.
“At Milo’s, we’re in our third generation of growth, purpose and passion, and each generation shepherded totally different businesses — so I feel like a founder too — and I credit a lot of our success to always having that entrepreneurial spirit.”
Tricia Wallwork, chair and CEO of Milo’s Tea Company
Below is video of Wallwork’s acceptance speech:
Milo’s Tea keeps growing
A “Birmingham Original,” under Wallwork’s leadership, Milo’s has expanded its workforce from 50 to 1,000 employees nationwide. Today, Milo’s teas and lemonades are available in over 55,000 retail locations across the United States.
The company is also an environmental and sustainability leader.
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