On Dec. 3, Wolverine Worldwide will be honored as Company of the Year at the 39th annual FN Achievement Awards. Below is an article from the magazine’s Dec. 1 print issue about how Wolverine secured big wins this year.

When Chris Hufnagel rose to the position of president and chief executive officer of Wolverine Worldwide in 2023, he was faced with an intense and challenging road ahead.

“I was named CEO on a Thursday and our stock crashed,” Hufnagel told FN when speaking about his first day in the top job. “And on Friday, I pulled our executive team together and I said at that point in time that, given all the challenges we had, there was no guarantee that we were going to make it another year.”

But the CEO — who described the weight of running a then-140-year-old company as “imme

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