SINGAPORE, 27 February 2012 -
Young Presidents' Organization (YPO) and CNBC, First in Business Worldwide, are forging an exclusive editorial partnership. The cornerstone of the collaboration involves YPO establishing "Chief Executive Networks" in the Americas, Europe/Middle East/Africa and Asia-Pacific to advise and inform CNBC's audience and editorial leadership on what they're experiencing on the frontlines of the economy. CNBC's global TV networks and CNBC.com will tap into YPO's unrivaled global network of 19,000 top executives and entrepreneurs from 110 countries for their unvarnished views on the headlines of the day.
"We're thrilled that for the first time in the 62-year history of this prestigious not-for-profit, YPO is partnering with a news organization to channel the voices of its network of executives, whose companies collectively generate US$6 trillion annually in global revenue," said Nikhil Deogun, Senior Vice President and Editor in Chief,CNBC Business News. "These executives run real businesses, generate serious profits and have a front row seat on the roller coaster that is the global economy. Their unique, on-the-ground perspectives are invaluable for viewers and users looking to make informed investment decisions in this fast-changing market."
"We are delighted that our work together on various projects over the past couple of years has culminated in the solidification of a more formal alliance," said Scott Mordell, Chief Executive Officer of YPO and member of the organization's Chicago Chapter. "The relationship with CNBC enhances our members' leadership experience by providing them with opportunities to offer their personal voice on current affairs as well as connect with each other in new and meaningful ways."
CNBC will also serve as the exclusive international broadcast partner for the upcoming 2012 YPO Global Leadership Summit which takes place in Singapore on February 29 and March 1. This annual event connects more than 2,000 YPO members for a two-day intensive dialogue on the issues facing today's CEO. Featured YPO Global Leadership Summit speakers include Apple co-founder Steve Wozniak, Facebook co-founder Eduardo Saverin, Virgin Galactic CEO Stephen Attenborough and Grameen Bank founder and Nobel Peace Prize recipient Muhammad Yunus. Throughout the event, CNBC U.S. anchor Brian Sullivan will be speaking with some of the Summit's high-profile guests and attendees live during both "Worldwide Exchange" and "Squawk Box." On Wednesday, February 29, "Squawk Box (Asia)," will also be broadcasting live from the Summit with CNBC anchor Martin Soong providing in depth insights and analysis from 7-9am (SIN/HK), and anchor Lisa Oake providing updates throughout the day.
Each quarter, CNBC will also have exclusive broadcast rights to the YPO Global Pulse Index. This one-of-a-kind index offers a read on global CEO confidence and includes YPO member sentiment based on their own companies' sales, employee counts and fixed investments.
Past prominent YPO members include Charles Schwab, Playboy's Christie Hefner, former Motorola CEO Chris Galvin and former Major League Baseball Commissioner and United States Olympic Committee Chairman Peter Ueberroth.
YPO (Young Presidents' Organization) is a not-for-profit, global network of young chief executives connected around the shared mission of becoming Better Leaders Through Education and Idea Exchange.TM Founded in 1950, YPO today provides 19,000 peers and their families in 110 countries with access to unique experiences, world-class resources, alliances with top learning institutions, and specialized Networks that help them enhance their business, community and personal leadership. Altogether, YPO member-run companies employ more than 16 million people around the world and generate US$6 trillion in annual revenues. For more information, visit www.ypo.org. Also see us on Facebook and follow us on Twitter.
Young Presidents' Organization
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD+, CNBC is the recognized world leader in business news providing real-time data, analysis and information to more than 390 million homes worldwide. The network's 16 live hours a day of business programming in North America (weekdays from 4:00 a.m.- 8:00 p.m.) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC.com and CNBC Mobile Web (mobile.cnbc.com) offer real-time stock quotes, charts, analysis and on-demand video.
Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/mediavillage/networks/cnbc/