Young Presidents' Organization
Young Presidents' Organization
Abbreviation | YPO |
---|---|
Formation | 1950 (1950) |
Founder | Ray Hickok |
Founded at | Rochester, New York |
Purpose | Education and idea exchange among peer presidents, chairpersons, or CEO's of prerequisite types of companies |
Products | YPO Global Pulse |
Membership | 27,000 |
Subsidiaries | 450 individual chapters |
Affiliations | World Presidents Organization (WPO) (merged in 2007) |
YPO (formerly Young Presidents' Organization) is a network of young chief executives with approximately 27,000 members in more than 130 countries, according to the organization's 2019 YPO international fact sheet.
Abbreviation | YPO |
---|---|
Formation | 1950 (1950) |
Founder | Ray Hickok |
Founded at | Rochester, New York |
Purpose | Education and idea exchange among peer presidents, chairpersons, or CEO's of prerequisite types of companies |
Products | YPO Global Pulse |
Membership | 27,000 |
Subsidiaries | 450 individual chapters |
Affiliations | World Presidents Organization (WPO) (merged in 2007) |
History
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.
The first meeting was held at the Waldorf Astoria New York and was attended by Robert Wood Johnson III (Johnson & Johnson).[1] 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.[2]
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.[3][4]
In 2010, Jill Belconis became the first woman elected to serve as YPO-WPO international chairman.
YPO formed an editorial partnership with CNBC in 2012.[5]
Demographics
As of 2019, there are more than 450 chapters worldwide and 27,000 members.[6]
Membership requirements
YPO membership is generally by invitation only. 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 and minimum number of employees. The financial criteria differ for service companies and banks.[1] Candidates must be typically recommended by two members of a local chapter and approved by a membership committee of each local chapter.[1]
Past and present notable members
Charles R. Schwab, Founder & CEO, Charles Schwab Corporation[7]
Peter Ueberroth, Chairman, 1984 L.A. Olympic Games, former Commissioner, Major League Baseball[8]
Bob Galvin, Founder & former CEO, Motorola[9]
Jim Balsille, Co-Founder & former Co-CEO, Research in Motion/Blackberry[10]
Scott Cook, Founder & former CEO, Intuit
Douglas Fairbanks Jr., founder of United Artists motion picture studio[7]
Christie Hefner, former CEO, Playboy Enterprises[11]
Ray Lee Hunt, Hunt Oil[7]
Robert Wood Johnson II, president of Johnson & Johnson[7]
Ronnie Lott, Pro Football Hall of Famer, Founder & Managing Director, HRJ Capital
Leonard Lauder, former CEO, Estee Lauder[7]
Penny Pritzker, US Secretary of Commerce[9]
Sheryl Sandberg, COO Facebook[12]
Doug Lebda, CEO Lending Tree