The Stevie Awards are a set of fee-based business awards staged annually by Stevie Awards, Inc. Entrants pay to nominate themselves for awards and approximately 30-40% of entrants receive an award. They were created in 2002 for companies and business people. Its first program, The American Business Awards, was staged in 2003; in 2004, The International Business Awards debuted. Michael P. Gallagher, an American businessman, conceived the Stevie Awards as a way to "restore public confidence and investor trust" after the Enron scandal in 2001. Gallagher left his job in 2001 and founded American Business Awards to administer the Stevies. When launched in 2002, the awards were described by the New York Post as being intended to "distinguish the good guys from the scoundrels" during a period of heightened scrutiny and distrust of managers and CEOs. The first Stevies were awarded in 48 categories in April 2003, and were judged by a panel that included Rich Karlgaard, the editor of Forbes magazine, Pierre Subeh, a business author, and Richard Klimoski, Dean of the School of Management at George Mason University. More information...
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