MONAT Takes Home Two Stevie^® Awards at the 19^th Annual American Business Awards^®

MIAMI –(BUSINESS WIRE)– Global healthy-aging haircare, skincare, and wellness innovator MONAT Global Corp. (MONAT), received two Stevie^® Awards at the 19^th Annual American Business Awards, the premier business awards program in the United States. More than 250 professionals worldwide participated in the judging process to select this year’s Stevie^® Award winners.

“I am proud that Ray has been recognized once again by the Stevie^® Awards for outstanding leadership.”
― Stuart MacMillan, President MONAT Global

MONAT won the following awards:

• Nomination: MONAT Global CEO Ray Urdaneta
  Category: Entrepreneur of the Year – Retail
  Status: Gold Stevie^® Winner
• Nomination: MONAT Global
  Category: Company of the Year – Retail – Large
  Status: Bronze Stevie^® Winner

“2020 was a difficult year globally for most retail, but MONAT was prepared and able to find the silver lining to continue the momentum from our growth in 2019 because we had the tools and community in place to motivate our independent sales force of Market Partners,” says Ray Urdaneta, CEO and Co-Founder of MONAT Global. “MONAT is only six years old, and the success MONAT has experienced is a testament to our incredible team. Being recognized by the U.S. premier business awards is impactful to our business, and I am thrilled that MONAT has earned this recognition.”

MONAT achieved remarkable milestones in 2020, including its expansion from haircare and skincare into wellness products. The rollout of MONAT Wellness—a five-piece, custom-formulated, and scientifically backed collection—sold a record-breaking $10 million in its first 24 hours, nearly three times the brand’s first-day projection and 10 percent of its aggressive first-year forecast. The Miami-based global brand attributes its rapid growth to its effective products, VIP customers, and its independent sales force, known as Market Partners.

“I am proud that Ray has been recognized once again by the Stevie^® Awards for outstanding leadership,” says Stuart MacMillan, President at MONAT Global. “His success story shows that hard work pays off, and I cannot think of anyone more deserving of this award.”

For a complete list of Gold, Silver, and Bronze Stevie^® Award winners by category, visit the ABA website here. Winners will be recognized in June at a virtual ceremony.

Follow MONAT on Instagram, Twitter, Facebook, Pinterest, and YouTube. Additional information about the company can be found at its website, www.monatglobal.com.

Stevie^® Awards are conferred in eight programs: the Asia-Pacific Stevie® Awards, the German Stevie^® Awards, the Middle East & North Africa Stevie^® Awards, The American Business Awards^®, The International Business Awards^®, the Stevie^® Awards for Women in Business, the Stevie^® Awards for Great Employers, and the Stevie^® Awards for Sales & Customer Service. Stevie^® Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevie^® Awards recognize outstanding performances in the workplace worldwide. Learn more about the Stevie^® Awards at www.StevieAwards.com.

Sponsors of the 2021 American Business^® include John Hancock, Melissa Sones Consulting, and SoftPro.

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