Young Presidents' Organization
YPO (formerly Young Presidents' Organization) is an American-based worldwide leadership community of chief executives with more than 34,000 global members in more than 142 countries.
| Abbreviation | YPO |
|---|---|
| Formation | 1950[citation needed] |
| Founder | Ray Hickok |
| Founded at | Rochester, New York |
| Purpose | Networking, peer-to-peer learning and idea exchange among peer presidents, chairpersons, or CEO's |
| Headquarters | Irving, Texas |
Membership | Over 30,000[1] |
| Subsidiaries | Over 460 individual chapters[citation needed] |
History Edit
YPO was founded in 1950 in Rochester, New York, by manufacturer Ray Hickok, who was 27 years old when he became the head of his family's Rochester-based Hickok Belt, a 300-employee company.[2]
The first meeting was held in 1950 at the Waldorf Astoria New York and was attended by Robert Wood Johnson III (Johnson & Johnson).[3] Hickok and a small group of young presidents in the area began meeting regularly to share and learn from each other. According to the organization, its founding principle is that of education and idea exchange among peers.[4]
- The first non-U.S. chapter was created in 1956 in Ontario, Canada.
- The first YPO University was held in Miami Beach, Florida.
- YPO merged with its graduate organization, World Presidents Organization (WPO), in 2007.
- The YPO Global Pulse survey launched in 2009, and is a quarterly economic confidence index that shares business insights from CEOs.[5][6]
- In 2010, Jill Belconis became the first woman elected to serve as YPO-WPO international chairman.[7]
- YPO formed an editorial partnership with CNBC in 2012.[8]
- Elizabeth Zucker is the 2019-2020 chairman of the YPO Board of Directors.[9]
- In March 2023 YPO launched a new educational platform for its members called "YPO Leadership Development Toolkit"[10]
Demographics Edit
As of 2019, there are more than 450 chapters worldwide and more than 28,000 members.[11][12]
Membership requirements Edit
To qualify for membership, a person must have become, before age 45, the president or chairman and chief executive officer of a corporation of significance with a minimum revenue (Minimum $2,000,000 USD Annual Employee Compensation)[13] and a minimum number of employees(15 Full-Time Employees). The financial criteria differ for service companies and banks.[3] Candidates must be typically recommended by two members of a local chapter and approved by a membership committee of each local chapter.[3] Baseline entry and yearly membership fees are around $10,000 though these can be significantly higher depending on the chapter and other activities.
Notable members Edit
- Mukesh Ambani, chairman and managing director of Reliance Industries and 8th richest person in the world with >$100bn
- Charles R. Schwab, Founder & CEO, Charles Schwab Corporation[14]
- Peter Ueberroth, Chairman, 1984 L.A. Olympic Games, former Commissioner, Major League Baseball[15]
- Bob Galvin, Founder & former CEO, Motorola[16]
- Jim Balsille, Co-Founder & former Co-CEO, Research in Motion/Blackberry[17]
- Douglas Fairbanks Jr., founder of United Artists motion picture studio[14]
- Christie Hefner, former CEO, Playboy Enterprises[18]
- Ray Lee Hunt, Hunt Oil[14]
- Brad Fuller, Founder and CEO, Lightspeed Voice
- Robert Wood Johnson II, president of Johnson & Johnson[14]
- James Michael Lafferty, CEO Fine Hygienic Holding and former CEO within Procter & Gamble, Coca-Cola and British American Tobacco
- Leonard Lauder, former CEO, Estee Lauder[14]
- Bernard Le Grelle, Founder and former CEO of Interel (merged in 2022 with Dentons)
- Heidi Zak, Founder and CEO, Third Love
- Penny Pritzker, US Secretary of Commerce[16]
- Muna AbuSulayman, Saudi businesswoman, activist and television personality
- Jim Pattison, a Canadian business magnate, investor and philanthropist
- Sheryl Sandberg, COO Facebook[19]
- Jonathan Zucker, CEO 1-Chinaman Co. Ltd.[citation needed]
- Mohnish Pabrai, Managing Partner Pabrai Investment Funds[citation needed]
- Thayer Smith, operating partner of Bayshore Capital and CEO of YPO since March 2023
- Asha Saxena, founder of WLDA and Board Member, of YPO Chapter Global One (2012-Present)
- Xavier Mufraggi, former CEO of Club Med EMEA and chairman of YPO since 2020
- William C. Short, Executive Chairman and CEO of the A.E. Perkins Holdings Group, former Chairman and Board Member of the YPO North Texas Chapter
YPO EDGE Edit
YPO hosts its leadership gathering, YPO EDGE, each year in a different city. Previous host cities include:
- 2022 | New York City[20]
- 2019 | Cape Town, South Africa[21]
- 2018 | Singapore[22]
Publications Edit
Pat McNees, YPO: The First 50 Years. (Orange Frazer Press, 1999). ISBN 978-1-882203-59-8 OCLC 1011912188
References Edit
- ^ "YPO Homepage". ypo.org. 2023-03-24.
- ^ Hanna, Julia (June 1, 2011). "Building a Social Network". hbs.edu. from the original on April 24, 2023.
- ^ a b c Waters, Craig R. (September 1982). "The secret life of Young Presidents". inc.com.
- ^ Hopkins, Mark (1 January 2013). Shortcut to Prosperity: 10 Entrepreneurial Habits and a Roadmap for an Exceptional Career. Greenleaf Book Group. p. 206. ISBN 9781608324316.
- ^ U.S. CEO Expectations. CNBC. Retrieved 2013-12-22.[time needed]
- ^ Russian Rates Cut Again. CNBC. Retrieved 2013-12-22.[time needed]
- ^ "Jill Belconis". leanin.org. 2016-02-28. Retrieved 2013-12-22.
- ^ "YPO & CNBC Enter Exclusive Editorial Partnership" (Press release). Cnbc.com. 2012-02-28. Retrieved 2013-12-22.
- ^ "Leadership | YPO". YPO. ypo.org. 4 March 2019. Retrieved 29 February 2020.
- ^ "| YPO Leadership Development Toolkit: Developing Expertise Through Education". YPO. ypo.org. 4 March 2023. Retrieved 29 March 2023.
- ^ Slater, Sherry (May 11, 2019). "City native picked as chairman". The Journal Gazette. Retrieved June 24, 2019.
- ^ "YPO Announces Six Global Impact Award Global Honorees". yahoo.com. 2020-01-29.
- ^ "Learn More About the YPO Membership Requirements". ypo.org. September 2023.
- ^ a b c d e Waters, Craig R. (September 1, 1982). "The Secret Life Of Young Presidents". Inc. Retrieved November 6, 2015.
- ^ "Speaker Bio: Peter Ueberroth - Washington Speakers Bureau". www.washingtonspeakers.com.
- ^ a b . ypochicago.org. Archived from the original on 2014-06-27.
- ^ "Alliance of Chief Executives" (PDF). www.allianceofceos.com.[page needed]
- ^ "Speaker Bio: Christie Hefner - Washington Speakers Bureau". www.washingtonspeakers.com.
- ^ . Archived from the original on 2017-10-10.
- ^ "YPO EDGE 2022 in New York City Convenes Largest Global Gathering of CEOs in the World". October 2022.
- ^ "How Cape Town's YPO 2019 brings meaning to a 'Life of Re' for creative CEOs". July 2019.
- ^ "Why YPO's EDGE Is Coming Back to Singapore". July 2018.
External links Edit
- YPO Official Site
- YPO leadership Development Toolkit Site