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Mergers, Acquisitions and Divestitures

Gold Standard Organization acquires non-Gold Standard Organization

  • It is the responsibility of the parent Gold Standard organization to ensure the newly acquired organization is made aware of the Gold Standard requirements and given a timeline by which to incorporate those requirements.
  • It is expected that the Gold Standard requirements be fully implemented within a year of acquisition. If more time is needed, please advise Johnathan Rine, CEO Cancer Gold Standard Program Manager.
  • Once the acquired organization is fully compliant, on the annual re-accreditation form, the employee count and location fields should be updated to include the acquired organization.
  • Beyond the annual re-accreditation form, no additional documentation is required.

Gold Standard Organization acquired by non-Gold Standard Organization

  • If the Gold Standard organization maintains a unique identity and the benefits and culture continue to meet requirements, it remains a Gold Standard employer.
  • Annual re-accreditation continues as before for the Gold Standard Organization.
  • To be considered a Gold Standard organization, the acquiring organization must complete and submit a new application for review and approval.

Gold Standard Organization merges with non-Gold Standard Organization

  • If the newly formed organization wishes to maintain Gold Standard accreditation, it is required to submit, within three years of the merger, a current year re-accreditation form and copy of the newly formed organization’s tobacco-free workplace policy. In the interim, at the time of the re-accreditation, please advise Johnathan Rine, CEO Cancer Gold Standard Program Manager, of progress toward satisfying the Gold Standard requirements.

Gold Standard Organization divests from Gold Standard Organization

  • If an organization divests from a Gold Standard organization and maintains the benefits and culture that satisfy the Gold Standard requirements, it is required to submit, within a year of divestiture, a current year re-accreditation form and copy of the newly formed organization’s tobacco-free workplace policy, fully compliant with the Gold Standard.