---
title: Gerry Price Announced as 2024 IDEA Recipient
description: Gerry Price, CEO and Chairman of Price Industries, has been announced as the 2024 International Distinguished Entrepreneur Award (IDEA) recipient.
image: https://blog.priceindustries.com/hubfs/Gerry%20Portrait_crop.jpg
---

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## The Science of Comfort

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# Gerry Price Announced as 2024 IDEA Recipient

Posted by [Price Industries](https://blog.priceindustries.com/author/price-industries) on December 6, 2023 at 9:00 AM

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## Business Community Ready to Celebrate in May 2024

We are excited to share that Gerry Price, CEO and Chairman of Price Industries, has been announced as the 2024 [International Distinguished Entrepreneur Award (IDEA)](https://bit.ly/3TccJSD) recipient.

This award, presented by [the Associates of the Asper School of Business](https://bit.ly/3Gw5Tji) at the [University of Manitoba](https://bit.ly/4a1xdU5), recognizes individuals who demonstrate global entrepreneurial excellence. Since its institution in 1984, IDEA has honored business executives who have achieved international success and have meaningfully contributed to the economy in Canada or abroad.

| ![Gerry Price](https://blog.priceindustries.com/hs-fs/hubfs/Gerry%20Portrait_crop.jpg?width=550&height=550&name=Gerry%20Portrait_crop.jpg) |
| --- |
| (Photo credit: Thomas Fricke Photography) |

Gerry will join the [list of other notable recipients](https://bit.ly/3GPlrPn), including Arianna Huffington, founder of The Huffington Post (2018); Chip Wilson, Founder and Chairman of Lululemon Athletica Inc. (2013); and Howard Schultz, Chairman and Chief Global Strategist of the Starbucks Coffee Company (2004).

Gerry became President of Price Industries in 1986 and, [in the true spirit of entrepreneurship](https://blog.priceindustries.com/launching-im-just-gerry), purchased the company with his wife, Barb Price, and embarked on an ambitious expansion into the ultracompetitive US market. Over the next 38 years, his leadership took Price from $30 million in annual sales to more than $1 billion, establishing a presence around the world and building a team of more than 4,500.

And his impact extends beyond the business world and the HVAC industry; through the Price Family Foundation, Gerry and Barb are both generous philanthropists, supporting charitable endeavors benefiting [healthcare](https://blog.priceindustries.com/price-family-donates-2.5m-to-childrens-heart-centre), [communities](https://bit.ly/3Gt7eXY) and [education](https://blog.priceindustries.com/celebrating-engap-grads-from-the-price-faculty-of-engineering).

| ![Barb and Gerry Price on stage in front of crowd](https://blog.priceindustries.com/hs-fs/hubfs/IMG_0087_edit_crop.jpg?width=2214&height=1737&name=IMG_0087_edit_crop.jpg) |
| --- |
| Barb and Gerry Price speak to guests at the announcement of the newly named Price Faculty of Engineering at the University of Manitoba, 2020 |

The [2024 IDEA Dinner](https://bit.ly/3RENdnX) will take place on **May 30, 2024**, in downtown Winnipeg, where the local business community will gather to celebrate Gerry’s receipt of the award. Manitoba’s “dinner of the year” is sure to be especially memorable on this occasion, as 2024 marks the 40th anniversary of the event. Those interested in sponsorship opportunities or in attending can visit the Associates website and [fill out an order form](https://bit.ly/4aaWfjM).

To learn more about IDEA, the Associates of the Asper School of Business and Gerry’s selection for this award, [click here](https://bit.ly/46KBY1o).[![New call-to-action](https://no-cache.hubspot.com/cta/default/4024064/c95ccab1-dd42-47ed-91f1-d9ac8eb814d8.png)](https://cta-redirect.hubspot.com/cta/redirect/4024064/c95ccab1-dd42-47ed-91f1-d9ac8eb814d8)

 Topics: [Employees](https://blog.priceindustries.com/tag/employees), [HVAC](https://blog.priceindustries.com/tag/hvac), [Philanthropy](https://blog.priceindustries.com/tag/philanthropy), [Giving](https://blog.priceindustries.com/tag/giving)

## At Price, when we say “the sky is the limit,” we actually mean it.

Our customers have come to count on a consistent and ever-increasing stream of new products and enhancements.  Price has a large team of experienced and talented engineers who are consistently working on breakthrough ideas.  We are not afraid to move into whole new product categories if we believe we have a contribution to make.

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### Price Industries - Who We Are

The founding principles of Price have never changed – business integrity, first-class service, innovation and a commitment to people. Our dependable quality, reliable delivery, and knowledgeable follow-up service have made Price a market leader in supplying air distribution, critical controls, and noise control products. After more than 60 years, Price remains a privately held family company with a deep heritage and commitment to innovation and service. Our long-standing vision, traditional values, and the Price way of doing business are the cornerstones of our leadership position in the non-residential air distribution industry.

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