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Young Presidents' Organization

Young Presidents' Organization

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.

Young Presidents' Organization
AbbreviationYPO
Formation1950 (1950)
FounderRay Hickok
Founded atRochester, New York
PurposeEducation and idea exchange among peer presidents, chairpersons, or CEO's of prerequisite types of companies
ProductsYPO Global Pulse
Membership
27,000
Subsidiaries450 individual chapters
AffiliationsWorld 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

Publications

Pat McNees, YPO: The First 50 Years. (Orange Frazer Press, 1999). ISBN 978-1-882203-59-8 OCLC 1011912188 [14]

References

[1]
Citation Linkwww.inc.comWaters, Craig R. (September 1982). "The secret life of Young Presidents".
Oct 1, 2019, 10:21 PM
[2]
Citation Linkbooks.google.comHopkins, Mark (1 January 2013). "Shortcut to Prosperity: 10 Entrepreneurial Habits and a Roadmap for an Exceptional Career". Greenleaf Book Group. p. 206.
Oct 1, 2019, 10:21 PM
[3]
Citation Linkwww.cnbc.comU.S. CEO Expectations. CNBC. Retrieved 2013-12-22.
Oct 1, 2019, 10:21 PM
[4]
Citation Linkwww.cnbc.comRussian Rates Cut Again. CNBC. Retrieved 2013-12-22.
Oct 1, 2019, 10:21 PM
[5]
Citation Linkwww.cnbc.com"YPO & CNBC Enter Exclusive Editorial Partnership" (Press release). Cnbc.com. 2012-02-28. Retrieved 2013-12-22.
Oct 1, 2019, 10:21 PM
[6]
Citation Linkwww.journalgazette.netSlater, Sherry (May 11, 2019). "City native picked as chairman". The Journal Gazette. Retrieved June 24, 2019.
Oct 1, 2019, 10:21 PM
[7]
Citation Linkwww.inc.comWaters, Craig R. (September 1, 1982). "The Secret Life Of Young Presidents". Inc. Retrieved November 6, 2015.
Oct 1, 2019, 10:21 PM
[8]
Citation Linkwww.washingtonspeakers.com"Speaker Bio: Peter Ueberroth - Washington Speakers Bureau". www.washingtonspeakers.com.
Oct 1, 2019, 10:21 PM
[9]
Citation Linkypochicago.org"YPO/Chicago Chapter - About YPO". ypochicago.org.
Oct 1, 2019, 10:21 PM
[10]
Citation Linkwww.allianceofceos.com"Alliance of Chief Executives" (PDF). www.allianceofceos.com.
Oct 1, 2019, 10:21 PM
[11]
Citation Linkwww.washingtonspeakers.com"Speaker Bio: Christie Hefner - Washington Speakers Bureau". www.washingtonspeakers.com.
Oct 1, 2019, 10:21 PM
[12]
Citation Linkwww.ypo.org"The Premier Leadership Organization of Chief Executives in the World".
Oct 1, 2019, 10:21 PM
[13]
Citation Linkwww.ypo.orgYPO Official Site
Oct 1, 2019, 10:21 PM
[14]
Citation Linkwww.worldcat.org1011912188
Oct 1, 2019, 10:21 PM
[15]
Citation Linkwww.inc.com"The secret life of Young Presidents"
Oct 1, 2019, 10:21 PM
[16]
Citation Linkbooks.google.com"Shortcut to Prosperity: 10 Entrepreneurial Habits and a Roadmap for an Exceptional Career"
Oct 1, 2019, 10:21 PM
[17]
Citation Linkwww.cnbc.comU.S. CEO Expectations
Oct 1, 2019, 10:21 PM
[18]
Citation Linkwww.cnbc.comRussian Rates Cut Again
Oct 1, 2019, 10:21 PM
[19]
Citation Linkwww.cnbc.com"YPO & CNBC Enter Exclusive Editorial Partnership"
Oct 1, 2019, 10:21 PM
[20]
Citation Linkwww.journalgazette.net"City native picked as chairman"
Oct 1, 2019, 10:21 PM