Young Presidents' Organization Explained

Young Presidents' Organization
Abbreviation:YPO
Founder:Ray Hickok
Founding Location: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

YPO (formerly Young Presidents' Organization) is a US-based organization of chief executives with more than 34,000 members in more than 142 countries.

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.[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]

Demographics

As of 2019, there are more than 450 chapters worldwide and more than 28,000 members.[11] [12]

Membership requirements

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. Candidates must be typically recommended by two members of a local chapter and approved by a membership committee of each local chapter. 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

YPO EDGE

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

Publications

Pat McNees, YPO: The First 50 Years. (Orange Frazer Press, 1999).

External links

Notes and References

  1. Web site: YPO Homepage . ypo.org . 2023-03-24 . .
  2. Web site: Building a Social Network. Julia. Hanna. June 1, 2011. https://web.archive.org/web/20230424225250/https://www.alumni.hbs.edu/stories/Pages/story-bulletin.aspx?num=989/title=buildinga. live. April 24, 2023. hbs.edu.
  3. Web site: Waters. Craig R.. The secret life of Young Presidents. September 1982. inc.com.
  4. Book: Hopkins . Mark . Shortcut to Prosperity: 10 Entrepreneurial Habits and a Roadmap for an Exceptional Career . Greenleaf Book Group . 206 . en . 1 January 2013. 9781608324316 .
  5. U.S. CEO Expectations . CNBC . 2013-12-22.
  6. Russian Rates Cut Again . CNBC . 2013-12-22.
  7. News: Jill Belconis . leanin.org . 2016-02-28 . 2013-12-22.
  8. YPO & CNBC Enter Exclusive Editorial Partnership . Cnbc.com . 2012-02-28 . 2013-12-22.
  9. Web site: Leadership YPO . YPO . 4 March 2019 . ypo.org. 29 February 2020.
  10. Web site: YPO Leadership Development Toolkit: Developing Expertise Through Education . YPO . 4 March 2023 . ypo.org. 29 March 2023.
  11. News: Slater . Sherry . May 11, 2019 . City native picked as chairman . . June 24, 2019 .
  12. Web site: YPO Announces Six Global Impact Award Global Honorees . yahoo.com . 2020-01-29 . .
  13. Web site: Learn More About the YPO Membership Requirements. September 2023. ypo.org.
  14. Waters. Craig R.. September 1, 1982. The Secret Life Of Young Presidents. Inc.. November 6, 2015.
  15. Web site: Speaker Bio: Peter Ueberroth - Washington Speakers Bureau. www.washingtonspeakers.com.
  16. Web site: YPO/Chicago Chapter - About YPO. https://web.archive.org/web/20140627054335/http://ypochicago.org/page-80563. dead. 2014-06-27. ypochicago.org.
  17. Web site: Alliance of Chief Executives. www.allianceofceos.com.
  18. Web site: Speaker Bio: Christie Hefner - Washington Speakers Bureau. www.washingtonspeakers.com.
  19. Web site: The Premier Leadership Organization of Chief Executives in the World. https://web.archive.org/web/20171010004631/https://www.ypo.org/leanin-wyn/ . dead . 2017-10-10 .
  20. Web site: YPO EDGE 2022 in New York City Convenes Largest Global Gathering of CEOs in the World. October 2022.
  21. Web site: How Cape Town's YPO 2019 brings meaning to a 'Life of Re' for creative CEOs. July 2019.
  22. Web site: Why YPO's EDGE Is Coming Back to Singapore. July 2018.

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