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Walmart and Kraft Foods become NEW Foundation sponsors

Friday, November 12, 2010  
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Walmart/Sam's Club and Kraft Foods Inc. have each committed $100,000 as Network of Executive Women Foundation sponsors, renewing their support of the Network’s mission to attract, retain and advance women in the retail and consumer products industry through education, leadership and business development.

Walmart, a Network sponsor since 2004, operates of 8,650 Walmart stores and Sam’s Club locations in 15 countries and employs more than 2 million associates worldwide. "Walmart values diversity in all aspects of the business," said NEW President Michelle Gloeckler, Walmart senior vice president, merchandise execution. "The Network of Executive Women has a mission that we support. We are proud to offer our Walmart U.S. and Sam’s Club associates the opportunity, benefits and value that NEW brings to our industry."

Kraft Foods, a Network sponsor since 2006, employs 140,000 people worldwide. "Kraft strategically leverages NEW as a training and development tool for women in field sales,” said NEW Board Member and Sponsorship Chair Regenia Stein, vice president for business performance, industry development and communications for Kraft Foods. "I have seen first-hand the impact NEW can have on women and their careers. NEW hosts a number of provocative events, both national and local, which allow our employees to be stimulated and engaged and network with others, resulting in meaningful business relationships.”

As Foundation sponsors, Walmart/Sam's Club and Kraft Foods will receive exposure at national and regional events and be able to leverage the Network's engagement opportunities, educational experiences and other tools and support to advance its diversity and inclusion values and strategies.

"As the environment continues to change at a hyper pace, diversity and inclusion becomes increasingly important for companies who are aiming to create an insulating advantage," Stein said. "Seeking and leveraging diverse perspectives provides for a more holistic, 360-degree view of issues and possible solutions. These varied opinions allow for faster, more complete outcomes that can be executed in the marketplace to the delight of our customers and shoppers.”

The Foundation sponsorships enable the Network to accelerate its planned growth in 2011, said Joan Toth, NEW's executive director. "New offerings for sponsors include a greater number of corporate memberships, more best practice reports and the recently launched leadership academy webinars."

Seventy of the cpg/retail industry's largest companies are committed to the Network’s goals. Ninety-five percent of the Network's sponsors renew their commitment each year.

For complete details of sponsor benefits click here or contact Nancy Krawczyk, director of client services-East, at (215) 327-4861 or nkrawzcyk@newonline.org, or Stephanie McFee, director of client services-West, at (561) 459-5540 or smcfee@newonline.org.



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