MONTREAL, QUEBEC, October 9, 2025—Damotech proudly celebrates CEO Eric Naaman, who has been recognized as the EY Entrepreneur Of The Year® 2025 Eastern Overall Award winner. The EY program celebrates unstoppable leaders whose innovations and purpose-driven growth transform industries, create jobs, and strengthen communities. He was recognized alongside other inspiring Eastern Canadian entrepreneurs whose leadership shapes innovation across industries.
Guided by the question, “Can innovative ideas make for safer workplaces?” Naaman acquired Damotech in 2010 and led Damotech’s evolution from a component manufacturer to a tech-enabled rack safety platform, integrating engineering services, proprietary inspection process, maintenance software, and strategic partnerships.
Today, Damotech serves leading Fortune 500 companies, including Amazon, Target, The Home Depot, and Lowe’s, and is widely recognized as North America’s leader in rack safety. The company’s recent $10 million automation upgrade tripled its production capacity without expanding its environmental footprint.
“Eric’s relentless pursuit of purpose-driven innovation has positioned Damotech as a trailblazer in warehouse risk prevention and operational reliability,” shares Walid Safi, EY Entrepreneur Of The Year Eastern Program Co-Director. “His leadership has elevated industry standards, empowering businesses to confidently operate in demanding, high-precision environments.”
“This honor belongs to the people of Damotech—engineers, builders, installers, and partners—who believe that safer warehouses protect lives and livelihoods,” said Eric Naaman, CEO of Damotech. “When we started this journey 15 years ago, our purpose was clear: to make rack safety simple, engineered, and permanent. Seeing that mission recognized today means the world to us.”
As the Eastern Overall Award recipient, Naaman advances to the next stage of the EY Entrepreneur Of The Year program, in which regional winners compete for national recognition; the Canada overall winner will represent the country at EY World Entrepreneur Of The Year™.
“Eric’s bold vision for better workplace conditions and passion to uplift his team, clients, and broader community stand as a testament to his remarkable entrepreneurial spirit,” shares Audrey Gibeault, EY Entrepreneur Of The Year Eastern Program Co-Director. “We’re thrilled to celebrate his achievements alongside other inspiring Eastern entrepreneurs across the technology, retail, healthcare, and manufacturing industries, united by a shared commitment to driving prosperity and meaningful impact.”
For media assets or interview requests with Eric Naaman, please visit Damotech’s Press & Media page. For the official EY announcement and a complete list of regional award recipients, visit ey.com/ca/EOY.
About Eric Naaman
Eric Naaman is a lifelong entrepreneur with an unconventional career path. In 2010, he acquired Damotech with a desire to grow an organization that reflected his philosophy on company culture, branding, and purpose. As CEO, Eric has transformed Damotech from a small rack component manufacturer into North America’s largest rack safety company.
After studying mechanical engineering, Eric pursued his passion for visual storytelling as a commercial photographer, collaborating with global brands. That creative perspective continues to guide his approach to leadership, blending innovation, design thinking, and purpose-driven strategy to make warehouse environments safer for all.
About Damotech
Damotech is North America’s largest pallet rack safety and repair company. The company helps warehouse owners and operators keep their work environments safe by maintaining the structural integrity of racking systems. Through its lines of rack protection and engineered repair products, Damotech aims to end the endless cycle of upright replacement. Damotech’s engineering services (inspections, load capacity calculations, and safety training) and cloud-based rack inspection & maintenance software enable organizations to build durable rack safety programs across one or many facilities.
About EY Entrepreneur Of The Year® and EY
EY Entrepreneur Of The Year® is the world’s most prestigious business awards program for entrepreneurs. Now in its fourth decade and spanning nearly 60 countries, it recognizes visionary leaders who build and sustain successful, dynamic businesses that make a positive impact.
EY is building a better working world by creating new value for clients, people, and society, while building trust in capital markets. Enabled by data, AI, and advanced technology, EY teams operate in over 150 countries, offering assurance, consulting, tax, strategy, and transaction services.