Honored Leader: Peggy Finley, President
Company Name: K40 Electronics
Location: Elgin, Ill.
Nature of Business: Manufacturer and distributor of CB
antennas and custom remote radar detection systems.
Founded: 1978
Revenue: $6-10 million
Growth Rate (2002): 0 percent*
Number of Employees: 27
Average Tenure: 8 years
Key Workplace Traits and Programs:
Finley on leadership: "Respect, appreciate, empower and hold the people in your employ accountable. There can be no empowerment without accountability. Make the [work] environment a safe place to be creative, learn and express. ... Be nice, play fair."
*K40 has experienced flat sales in a down market since 1992. They have, however, seen an increase in net annual profits of 28.6 percent during that period.