06-05-2025
EY US unveils Ray Waddell of CEC Facilities Group as an Entrepreneur Of The Year® 2025 Southwest Award finalist
Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future
DALLAS, May 6, 2025 /PRNewswire/ -- Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Southwest Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world's most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy and a hopeful tomorrow.
EY Entrepreneur Of The Year Finalist
An independent panel of judges selected Ray Waddell among the CEOs and founders representing 42 companies for their entrepreneurial spirit, purpose, growth and lasting impact in building long-term value.
"CEC was born from a desire to build something bigger than myself, a 100-year company that would continue to serve others long after I'm gone. Leadership has always been part of who I am, first on the court as a point guard, then in business," said Waddell. "Being named a finalist is a tremendous honor. We've created a company grounded in integrity and I hope CEC continues building a legacy that supports families, develops leaders, and endures for generations to come."
CEC Facilities Group is one of the fastest-growing industrial services companies in the region, built on grit, innovation, and a drive to do things differently. From powering mission critical data centers to shaping the future of healthcare and commercial infrastructure, CEC tackles complex work across electrical, mechanical, prefabrication, and design-build services with quality and scale that speak for themselves. In response to the growing skilled labor shortage across the trades, CEC launched CEC University—a hands-on training and development program designed to grow talent from within. It's more than workforce development, it's a long-term investment in people, careers, and the future of the industry. By building its own talent pipeline, CEC is taking control of its growth trajectory while creating opportunity for the next generation of skilled professionals.
Entrepreneur Of The Year honors business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organization to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future.
