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Scott Damron offers a brief look at the history of leadership organization YPO


Seasoned executive and YPO member Scott Damron takes a look inside the history of the global leadership organization.

ATLANTA, GEORGIA, USA, December 24, 2018 / -- Established in 1950 as the Young Presidents' Organization, today's YPO has grown into a global network of more than 26,000 members in over 130 countries around the world, among whom is Scott Damron, an Atlanta-based executive and entrepreneur. Founded in Rochester, New York by Ray Hickok, the head of a well known 300-employee manufacturing company, Damron reveals that the organization's first meeting was held at New York City's Waldorf Astoria hotel.

Hickok and a small group of fellow young presidents from the city and surrounding areas then subsequently began to meet regularly in order to share information and to learn from each other as part of what would quickly become the Young Presidents' Organization, according to Damron. "Hickok and the other founding members' principle of education and the exchange of ideas among peers," he explains, "still guides the organization to this very day."

Six years after the start of the organization, the first non-U.S. chapter was established in Ontario, Canada in 1956, the Atlantan executive reveals. The first YPO University, meanwhile, he says, was later held in Miami Beach, Florida. "Fast-forward half a century and the organization had merged with its graduate partner, the World Presidents' Organization, or WPO, to become the world's largest network of global business leaders," says Scott Damron.

He continues, "Two years later, the YPO Global Pulse survey began and now serves as a quarterly economic confidence index which shares business insights from CEOs based across the globe, while another two years on, in 2010, Jill Belconis became the first woman elected to serve as the organization's international chairperson."

Scott Damron goes on to explain that YPO membership is largely by invitation only. "In order to qualify for membership, an individual must have become, prior to reaching the age of 45, either the president, chairman or chief executive officer of a corporation boasting a predefined minimum revenue and number of employees," he reveals.

Today, YPO member-run companies employ over 21 million people and generate in excess of $9 trillion in annual revenues.

Notable YPO members who join Scott Damron as part of the organization include Motorola founder and former CEO Bob Galvin, Facebook COO Sheryl Sandberg, Blackberry co-founder and former CEO Jim Balsillie, Intuit founder and former CEO Scott Cook, former Estee Lauder CEO Leonard Lauder, and Penny Pritzker, U.S. Secretary of Commerce.

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