Toast Leadership Team Named Entrepreneur Of The Year® 2020 National Overall Award Winner
NEW YORK, Nov. 19, 2020 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that the Toast Inc. leadership team of Chris Comparato, Chief Executive Officer; Aman Narang, President and Co-Founder; Steve Fredette, President and Co-Founder; and Jon Grimm, Chief Technology Officer and Co-Founder, have been named the Entrepreneur Of The Year® 2020 National Overall Award winners. Nine other national award winners were also announced during a virtual awards celebration. The awards were the culminating event of the first ever virtual EY Strategic Growth Forum®, one of the nation's most prestigious gathering of high-growth, market-leading companies and one of America's largest gathering of entrepreneurs. For 34 years, the Entrepreneur Of The Year Award has recognized and celebrated the unstoppable entrepreneurial leaders who are transforming our world.
The national award winners were selected by an independent panel of judges from 207 regional award recipients. They excelled in overcoming adversity, financial performance, societal impact and commitment to building a values-based company, innovation, and talent management. The Toast leadership team is awarded the overall national title for transforming how the restaurant industry runs its businesses and offering the community leadership and support during the COVID-19 pandemic.
"In these trying times, the Toast leadership team showed incredible levels of ingenuity and tenacity to not only save their own business, but work to help others save theirs," said Andrew (AJ) Jordan, EY Americas Entrepreneur Of The Year Director. "We are honored to recognize Chris, Aman, Steve and Jon as entrepreneurs whose leadership positively impacted their industry and reflected unwavering dedication to their customers and the larger community."
Launched in 2013, Toast is a cloud-based technology platform that helps restaurateurs run their businesses more efficiently by streamlining the management of operations. The solution combines cloud-based point-of-sale technology with front-of-house, back-of-house, guest-facing technology and third-party applications, permitting restaurateurs greater time to focus on the guest experience.
As the COVID-19 pandemic began to ravage the restaurant industry in early 2020, the Toast team rapidly pivoted their offerings to support struggling restauranteurs. Their ability to quickly adapt their strategy and product offerings helped keep restaurants open while also maintaining profitability. The company offered temporary relief from monthly fees and access to free products to all its customers, including a special suite withsoftware for digital ordering and gift cards. The team launched a "Rally for Restaurants" initiative that encouraged communities to support their local restaurants through purchases of gift cards, takeout and urging community government officials to pass industry-supporting policies. Additionally, the team launched Toast Delivery Services during the height of the pandemic's impact, enabling restaurants of all sizes to access an on-demand delivery network of local drivers without high fees. Food, community and environment are at the core of the company's purpose, providing meals for at-risk children through No Kind Hungry and rescuing food through Project Bread.
Entrepreneur Of The Year National Award winners
In addition to the Toast leadership team, the Entrepreneur Of The Year National Award winners include:
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About Entrepreneur Of The Year®
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