NEW Annual Report focuses on future
Monday, March 13, 2017
Posted by: Barbara Francella
The Network of Executive Women laid the foundations for an exciting new future in 2016, according the newly released NEW Annual Report 2016.
The record-breaking year was highlighted by the launch of the NEW Future Fund, a $5 million capital campaign to support the creation of a new mobile-friendly website to debut early this summer. The fund will underwrite more powerful collaboration tools; proprietary research; enhanced learning and leadership training; and industry-specific insights, benchmarking and best practices.
View NEW Annual Report 2016
“Last year we embarked on a bold journey to transform NEW to better help our members and partners transform themselves and the retail and consumer industry,” said NEW Board Chair Karen Stuckey, senior vice president, private brands, general merchandise, Wal-Mart Stores Inc.
The annual report features full stats and financials and the personal stories of five NEW members: Kamala Payne Chapman of Pfizer Inc., Paulina Lee of Procter & Gamble, Mita Mallick of Unilever, Amanda Martinez of The Albertsons Companies and Sheronda Sweet of The Coca-Cola Company.
Also featured are Tracy Arsenault of Accenture, Lisa Fenton of Target Corporation, Bobby Hoang of Walgreens, Jesma Johnson of Colgate-Palmolive, Tracy Joshua of Kellogg Company, John Kennington of Arla Foods Inc., Amy Armstrong Smith of Brown-Forman, Marla Thompson of Angie’s List and Chastity Stevenson Westry of PepsiCo Inc.
A year of growth
A membership drive helped increase individual membership by 78 percent, as total membership grew to a record 10,516 women and men representing nearly 1,000 companies in 20 regions across North America. One in 10 NEW members volunteered as NEW Board members and committee members, regional leaders, Champions or Ambassadors in 2016.
Nearly 22,700 NEW members and supporters attended more than 200 NEW events, including conferences, regional events and mixers, online webinars and industry and partner outreach events.
NEW income grew more than 12 percent last year to an all-time record of more than $7 million. NEW’s 103 corporate partners — including 13 new partner companies — contributed nearly $3 million, a 5.5-percent increase or 41.5 percent of total income. Individual membership dues rose nearly 35 percent to more than 3 percent of income.
Two signature conferences, NEW Executive Leaders Forum for invited senior-level leaders and NEW Leadership Summit, which saw a 6.4-percent increase in revenues, accounted for 8 percent of income. Regional events and sponsorship contributed 11.5 percent.
NEW’s signature learning programs fully ramped up in 2016, more than tripling their 2015 income to more than $550,000, representing 30.4 percent of revenues.
NEW social media grew 52 percent to more than 44,000 followers — and another 20,000 supporters joined the conversation on our regions’ social media accounts.
Download the NEW Annual Report 2016