The Women Presidents Organization announces
the businesses on this year's list ahead of annual Entrepreneurial
Excellence Forum
NEW
YORK, May 15, 2024 /PRNewswire/ -- Today,
the Women Presidents Organization (WPO) announced the businesses
recognized on the annual 50 Fastest Growing Women-Owned/Led
Companies ranking, sponsored by JPMorgan Chase. Companies in the
health and wellness industries lead this year's list, alongside
firms specializing in security, technology, staffing, human capital
management and professional services.
This year's three fastest-growing businesses are:
- Kindbody (New York,
NY): A fertility clinic network and global
family-building benefits provider for employers that offers a full
spectrum of reproductive care, from preconception to postpartum
through menopause.
- Cymbiotika (San Diego,
CA): A health and wellness company that formulates
innovative, science-backed supplements and products to support
healthy aging, immunity, gut health and more.
- Strategic Logistics Defense Services (Oceanside, CA): A government
procurement consulting company that specializes in tactical
third-party services, control, communications, computers, cyber,
intelligence, surveillance and reconnaissance, expeditionary,
medical and satellite communication services.
The full list of honorees is available at
https://www.women-presidents.com/news-events/50-fastest/2024-50-fastest-list/
"The business leaders recognized on this year's 50 Fastest are
at the forefront of dynamic, fast moving industries. Their growth,
geographic reach and performance is impressive and deserving of
celebration," said Thelma
Ferguson, Global Head of Diversity, Equity & Inclusion
and Vice Chair of Commercial Banking for JPMorgan Chase. "We
are proud to join the WPO in honoring these individuals and helping
them access networks and resources to support their continued
success."
"We continue to be impressed with the way today's leaders
navigate challenges and steer their businesses toward success, all
while building innovative products and company cultures," said
Camille Burns, CEO of Women
Presidents Organization. "It is an honor to hear these women's
stories and we look forward to celebrating their many
accomplishments at this year's WPO Entrepreneurial Excellence
Forum."
Honoree Outlook
As part of the application process for the ranking, business
leaders report on their growth journey and share their business
outlook for the year ahead. Notable responses include:
- Eye on Growth: They are focused on continuing business
growth and plan to invest in new technologies and innovations to
support those efforts. For many, this also includes potential
expansion into new markets.
- Investing in Culture & People: They are also
planning to invest in marketing and advertising strategies, as well
as people and talent development — a particular focus for those who
continue to operate in remote or hybrid models.
2024 Ranking Characteristics
To qualify for the ranking, the WPO requires businesses to be
privately held and woman-owned or -led with annual revenues of at
least $500,000 in each of the past
five years. Applicants were not required to join or be members of
the WPO. All eligible companies were ranked according to a sales
growth formula created by the WPO that combines percentage and
absolute growth.
From January to December of 2023, the businesses recognized on
the 50 Fastest list generated a combined $7
billion in revenue and collectively employed more than
18,000 people. A majority of this year's honorees conduct business
globally and with Fortune 1000 companies, with nearly all honored
leaders still playing an active role in the day-to-day operations
of their businesses.
More about this year's 50 Fastest:
- Average honoree age: 54
- Average years in business: 11
- 94% started the business
- 72% do business globally
The companies on the 50 Fastest list will be recognized at the
WPO Entrepreneurial Excellence Forum taking place May 15-17, 2024, at The Broadmoor in Colorado Springs, CO.
ABOUT WOMEN PRESIDENTS ORGANIZATION (WPO)
The Women Presidents Organization (WPO) is a non-profit
membership organization where dynamic and diverse women business
leaders around the world tap into collective insight with exclusive
access to entrepreneurial equals, innovative ideas, and executive
education. WPO members have guided their business to generate at
least $2 million USD in gross annual
sales (or $1 million USD for a
service-based business). Each WPO chapter serves as a
professionally facilitated peer advisory group for members where
they can harness the momentum of their successes and cultivate new
strategies that will take them even further. Learn more at
www.women-presidents.com.
ABOUT JPMORGAN CHASE
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial
services firm based in the United States
of America ("U.S."), with operations worldwide. JPMorgan
Chase had $4.1 trillion in assets and
$337 billion in stockholders' equity
as of March 31, 2024. The Firm is a
leader in investment banking, financial services for consumers and
small businesses, commercial banking, financial transaction
processing and asset management. Under the J.P. Morgan and Chase
brands, the Firm serves millions of customers in the U.S., and many
of the world's most prominent corporate, institutional and
government clients globally. Information about JPMorgan Chase &
Co. is available at www.jpmorganchase.com.
CONTACTS:
JPMorgan Chase
Commercial Banking
Elizabeth
Connerat
elizabeth.connerat@chase.com
|
Women Presidents
Organization
Danielle
Poggi
dpoggi@bcg-pr.com
|
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SOURCE Women Presidents Organization