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Keystone’s CEO Named Entrepreneur of the Year

Keystone’s CEO Named Entrepreneur of the Year

LANSDALE, Pa. — Keystone Technologies’ CEO Ira Greenberg has been named an Entrepreneur Of The Year® 2023 Greater Philadelphia Award winner, the professional services giant Ernst & Young LLP (EY US) announced.

The winners of Entrepreneur Of The Year, an honor founded and produced by EY US, are selected by an independent judging panel made up of previous award winners, leading CEOs, investors, and other regional business leaders.

“It is a privilege to be recognized as an Entrepreneur Of The Year by such a prestigious group,” said Greenberg. “Keystone’s success is the product of countless people, including my father and grandfather, and it’s a pleasure to have our good work praised by EY and its panel.”

Greenberg is the third generation of his family to oversee the 78-year-old company, a leader in creating quality-driven lighting solutions for the industry’s top lighting fixture manufacturers and wholesale distributors. The company was founded in 1945 by Harold Fox and Marvin Spielman, who saw a need for manufacturing ballasts and transformers for the lighting industry after returning from World War II. That initial offering has grown to a full catalog of lighting products, including a comprehensive line of lamps, fixtures, power supplies, and controls.

Greenberg’s father Fred joined the firm in 1975, and Ira came on board in 2001.

After many years of manufacturing products primarily for fluorescent fixtures, Keystone expanded into the still-growing LED market in the early 21st century and has boldly focused on both new products—including wireless controls, instantly programmable drivers, and lamps with field-adjustable wattages and color temperatures—and an enlightened, user-friendly approach to customer service.

Indeed, Keystone’s philosophy is summed up in a three-word mission that encapsulates how lighting should be simple, hassle-free, and enjoyable: Light Made Easy®.

The company now has hundreds of employees across the United States, working both in person and remotely, many based in its Lansdale headquarters northwest of Philadelphia.

“This award is a tribute to every Keystone employee, whose creativity, enthusiasm, and commitment to our principles has led to our status as a leader in the lighting industry,” said Ira Greenberg. “Thanks to their hard work and that of our outstanding leadership team, I look forward to continued success.”

A Global Impact

The candidates for Entrepreneur Of The Year were evaluated based on their demonstration of building long-term value through entrepreneurial spirit, purpose, growth, and impact, among other core contributions and attributes. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies.

For nearly four decades, EY US has honored entrepreneurs whose ambition, courage and ingenuity have driven their companies’ success, transformed their industries and made a positive impact on their communities. Entrepreneur Of The Year Award winners become lifetime members of a global, multi-industry community of entrepreneurs, with exclusive, ongoing access to the experience, insight and wisdom of program alumni and other ecosystem members in over 60 countries—all supported by vast EY resources. Since 1986, the Entrepreneur Of The Year program has recognized more than 11,000 US executives.

As a Greater Philadelphia award winner, Greenberg is now eligible for consideration for the Entrepreneur Of The Year 2023 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November at the Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the World Entrepreneur Of The Year® Award in June 2024.

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