Valvoline Instant Oil Change Named 11-Time Winner of ATD's Best of the BEST

Rhea-AI Summary

Valvoline (NYSE: VVV) announced that its U.S. quick lube service brand, Valvoline Instant Oil Change, has been named an 11-time winner of the Association for Talent Development (ATD) Best of the BEST Award. This year, 79 organizations from around the globe were honored, with eight companies, including Valvoline, recognized for winning the award 10 times or more.

Jon Caldwell, Chief People Officer, emphasized the importance of their staff, noting that service center members complete at least 270 hours of training through an ASE-accredited program. The BEST Award, the highest recognition in talent development, acknowledges organizations that significantly impact business challenges through innovative talent development practices.

Positive

• Valvoline Instant Oil Change named an 11-time winner of ATD's Best of the BEST Award.
• Recognition as one of eight global companies with 10 or more BEST Awards.
• Service center team members complete a minimum of 270 hours of professional training.
• The training program is ASE-accredited, denoting high industry standards.
• Award highlights Valvoline's commitment to staff training and development.
• Positive recognition can enhance brand reputation and customer trust.

Negative

• The press release lacks specific financial data, making it difficult to assess direct financial impact.
• No information provided on how the award will translate into increased revenue or market share.
• The PR does not address any potential costs associated with the extensive training program.

LEXINGTON, Ky., June 17, 2024 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that its U.S. quick lube service brand Valvoline Instant Oil Change^SM has been named an 11-time winner of the Association for Talent Development (ATD) Best of the BEST Award.

This year, 79 organizations from around the globe were honored with BEST Awards including eight companies named Best of the BEST for being a 10-time or more winner.

"At Valvoline, it all starts with our people", said Jon Caldwell, Chief People Officer. "Service center Vamily members complete a minimum of 270 hours of professional training using an ASE®-accredited program. Our talent development programs are one of the many ways we demonstrate our commitment to investing in their personal and professional development."  

The BEST award is the talent development industry's highest recognition for organizations that drive impact and solve business challenges through innovative talent development practices. Nominees are evaluated based on a rigorous review by experts in the field.

About Valvoline Inc.
Valvoline Inc. (NYSE: VVV) is the quick, easy, trusted leader in automotive preventive maintenance. Valvoline Inc. is creating shareholder value by driving the full potential in our core business, accelerating network growth and innovating to meet the needs of customers and the evolving car parc. With approximately 1,900 service centers throughout North America, Valvoline Inc. and our franchise partners keep customers moving with our 4.6 out of 5 star* rated service that includes 15-minute stay-in-your-car oil changes; battery, bulb and wiper replacements; tire rotations; and other manufacturer recommended maintenance services. In fiscal year 2023, Valvoline's network delivered approximately 27 million services to generate $1.4 billion in revenue from $2.8 billion in system-wide store sales, marking 17 years of consecutive system-wide same-store sales growth. At Valvoline Inc., it all starts with our people, including our more than 10,000 team members and strong, long-standing franchise partners. We are proud to be an 11-time winner of the BEST Award for training excellence and a top-rated franchisor in our category by Entrepreneur and Franchise Times. To learn more, or to find a service center near you, visit vioc.com.

* Based on a survey of more than 900,000 Valvoline Instant Oil Change℠ customers annually
™ Trademark, Valvoline Inc., or its subsidiaries, registered in various countries
^SM Service mark, Valvoline Inc., or its subsidiaries, registered in various countries
® Register mark, third party

For Further Information

Investor Inquiries
Elizabeth B. Russell
+1 (859) 357-3155
IR@valvoline.com

Media Inquiries
Angela Davied
+1 (877) 508-0832
media@valvoline.com

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SOURCE Valvoline Inc.

FAQ

What award did Valvoline Instant Oil Change win?

Valvoline Instant Oil Change won the Association for Talent Development (ATD) Best of the BEST Award.

How many times has Valvoline Instant Oil Change won the ATD Best of the BEST Award?

Valvoline Instant Oil Change has won the ATD Best of the BEST Award 11 times.

What is the significance of the ATD Best of the BEST Award for Valvoline?

The ATD Best of the BEST Award is a high recognition in talent development, highlighting Valvoline's commitment to staff training and development.

How many organizations were honored with the ATD BEST Awards this year?

This year, 79 organizations were honored with the ATD BEST Awards.

How many companies, including Valvoline, have won the ATD Best of the BEST Award 10 times or more?

Eight companies, including Valvoline, have won the ATD Best of the BEST Award 10 times or more.

How many hours of training do Valvoline service center members complete?

Valvoline service center members complete a minimum of 270 hours of professional training.

Is the training program for Valvoline service center members accredited?

Yes, the training program for Valvoline service center members is ASE-accredited.