Remove ads
YPO (formerly Young Presidents' Organization) is a US-based organization of chief executives with more than 36,000 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 36,000[1] |
| Subsidiaries | Over 460 individual chapters[citation needed] |
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]
- In autumn 2024, YPO was designated as an "undesirable organization" in Russia.[11]
Remove ads
As of 2024, there are more than 450 chapters worldwide and more than 36,000 members.[12][13]
- 24% of new members are now women from 13% in 2012
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 of $15,000,000 for a sales, service, manufacturing company. Minimum revenue of $12,000,000 for an agency and $300,000,000 for a financial institution or an enterprise value at a minimum of $25,000,000. The company must have 50 full time employees or 15 + employees with a minimum $2,500,000 USD Annual Employee Compensation. [14] 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.[citation needed]
Remove ads
- Mukesh Ambani, chairman and managing director of Reliance Industries and 8th richest person in the world with >$100bn
- Shou Zi Chew, Tiktok CEO
- Leena Nair, CEO of Chanel
- Alejandro Reynal, CEO of FourSeasons
- Jason Liberty, CEO of Royal Caribbean
- Charles R. Schwab, Founder & CEO, Charles Schwab Corporation[15]
- Peter Ueberroth, Chairman, 1984 L.A. Olympic Games, former Commissioner, Major League Baseball[16]
- Bob Galvin, Founder & former CEO, Motorola[17]
- Jim Balsille, Co-Founder & former Co-CEO, Research in Motion/Blackberry[18]
- Douglas Fairbanks Jr., founder of United Artists motion picture studio[15]
- Christie Hefner, former CEO, Playboy Enterprises[19]
- Alex Heckler, Miami attorney
- Ray Lee Hunt, Hunt Oil[15]
- Brad Fuller, Founder and CEO, Lightspeed Voice
- Robert Wood Johnson II, president of Johnson & Johnson[15]
- 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[15]
- 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[17]
- Muna AbuSulayman, Saudi businesswoman, activist and television personality
- Jim Pattison, a Canadian business magnate, investor and philanthropist
- Sheryl Sandberg, COO Facebook[20]
- Jonathan Zucker, CEO 1-Chinaman Co. Ltd.[citation needed]
- Mohnish Pabrai, Managing Partner Pabrai Investment Funds[citation needed]
- Asha Saxena, founder of WLDA and Board Member, of YPO Chapter Global One (2012–Present)
- Xavier Mufraggi, former CEO of Club Med EMEA and CEO of YPO since 2020
- William C. Short, Founder, Executive Chairman, and CEO of the A.E. Perkins Holdings Group, former Chairman and Board Member of the YPO North Texas Chapter
Remove ads
YPO hosts its leadership gathering, YPO EDGE, each year in a different city. Previous host cities include:
- 2022 | New York City[21]
- 2019 | Cape Town, South Africa[22]
- 2018 | Singapore[23]
Pat McNees, YPO: The First 50 Years. (Orange Frazer Press, 1999). ISBN 978-1-882203-59-8 OCLC 1011912188
Wikiwand in your browser!
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.
Remove ads