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Young Presidents' Organization

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Young Presidents' Organization
AbbreviationYPO
Formation1950; 74 years ago (1950)[citation needed]
FounderRay Hickok
Founded atRochester, New York
PurposeNetworking, peer-to-peer learning and idea exchange among peer presidents, chairpersons, or CEO's
HeadquartersIrving, Texas
Membership
Over 36,000[1]
SubsidiariesOver 460 individual chapters[citation needed]

YPO (formerly Young Presidents' Organization) is a US-based organization of chief executives with more than 36,000 members in more than 142 countries.

History

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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

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As of 2024, there are more than 450 chapters worldwide and more than 36,000 members.[11][12]

  • 24% of new members are now women from 13% in 2012

Membership requirements

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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. [13] 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]

Notable members

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YPO EDGE

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YPO hosts its leadership gathering, YPO EDGE, each year in a different city. Previous host cities include:

Publications

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Pat McNees, YPO: The First 50 Years. (Orange Frazer Press, 1999). ISBN 978-1-882203-59-8 OCLC 1011912188

References

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  1. ^ "YPO Homepage". ypo.org. 2023-03-24.
  2. ^ Hanna, Julia (June 1, 2011). "Building a Social Network". hbs.edu. Archived from the original on April 24, 2023.
  3. ^ a b c Waters, Craig R. (September 1982). "The secret life of Young Presidents". inc.com.
  4. ^ 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.
  5. ^ U.S. CEO Expectations. CNBC. Retrieved 2013-12-22.[dead link‍][time needed]
  6. ^ Russian Rates Cut Again. CNBC. Retrieved 2013-12-22.[dead link‍][time needed]
  7. ^ "Jill Belconis". leanin.org. 2016-02-28. Retrieved 2013-12-22.
  8. ^ "YPO & CNBC Enter Exclusive Editorial Partnership" (Press release). CNBC. 2012-02-28. Retrieved 2013-12-22.
  9. ^ "Leadership | YPO". YPO. ypo.org. 4 March 2019. Retrieved 29 February 2020.
  10. ^ "| YPO Leadership Development Toolkit: Developing Expertise Through Education". YPO. ypo.org. 4 March 2023. Retrieved 29 March 2023.
  11. ^ Slater, Sherry (May 11, 2019). "City native picked as chairman". The Journal Gazette. Retrieved June 24, 2019.
  12. ^ "YPO Announces Six Global Impact Award Global Honorees". yahoo.com. 2020-01-29.
  13. ^ "Learn More About the YPO Membership Requirements". ypo.org. September 2023.
  14. ^ a b c d e Waters, Craig R. (September 1, 1982). "The Secret Life Of Young Presidents". Inc. Retrieved November 6, 2015.
  15. ^ "Speaker Bio: Peter Ueberroth - Washington Speakers Bureau". www.washingtonspeakers.com.
  16. ^ a b "YPO/Chicago Chapter - About YPO". ypochicago.org. Archived from the original on 2014-06-27.
  17. ^ "Alliance of Chief Executives" (PDF). www.allianceofceos.com.[page needed]
  18. ^ "Speaker Bio: Christie Hefner - Washington Speakers Bureau". www.washingtonspeakers.com.
  19. ^ "The Premier Leadership Organization of Chief Executives in the World". Archived from the original on 2017-10-10.
  20. ^ "YPO EDGE 2022 in New York City Convenes Largest Global Gathering of CEOs in the World" (Press release). October 2022.
  21. ^ "How Cape Town's YPO 2019 brings meaning to a 'Life of Re' for creative CEOs". July 2019.
  22. ^ "Why YPO's EDGE Is Coming Back to Singapore". July 2018.
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