The Samaritan Counseling Center announced the recipients of its 15th
Annual Ethics in Business Awards today. Rio Grande was among three
recipients of the Rust Award for Excellence in Ethical Business
Practice by a For-Profit Business.
One of the nation’s largest suppliers to the jewelry industry, Rio
Grande was founded in 1944 by Saul Bell and purchased just over a
year ago by Richline Group, a Berkshire Hathaway Company. Rio Grande
continues to be led by second-generation Bell family Alan, Molly and
Eddie Bell, adhering to company principles that are embedded in
their unique culture.
“It is really an honor to receive this award, considering the
investigative efforts put into this process! Everyone at Rio Grande
is proud and humbled to have been recognized as a recipient of this
award,” says Molly Bell, executive vice president of Rio Grande.
Each of the 31 final nominees for the awards was subject to a
rigorous selection process. Samaritan partnered with the Anderson
School of Business at the University of New Mexico to complete an
exhaustive report of each of the final nominees. A final selection
committee then analyzed more than 800 pages of reports to select the
The Samaritan Counseling Center has hosted the New Mexico Ethics in
Business Awards since 2000. The program honors organizations and
individuals who promote ethical business conduct for the benefit of
the workplace, the marketplace, the environment and the community.
Ethical business practice is determined by right organizational and
individual behavior based on high standards and exemplary practices.