Cisco Systems and Fannie Mae were honored as co-winners of the Ron brown Corporate Leadership award on Tuesday.
The award, named after the late Ron Brown who served as commerce secretary in the Clinton administration, was presented by Commerce Secretary Don Evans at the White House.
The Conference Board sponsors the award, which is presented annually to firms based on employee and community relations.
“Corporate stewardship is alive and well in America,” Evans said at the ceremony. “American businesses know they are the stewards of capitalism and our economic system. — Their commitment to their communities and employees is to be commended.”
A panel of independent judges picks the winners.
Cisco was selected for its program of teaching high school and college students how to build and maintain computer networks.
Fannie Mae was recognized for its program that helps employees become homeowners.