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Women Presidents' Organization Unveils the 50 Fastest-Growing Women-Owned/Led Companies Worldwide

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SOURCE Women Presidents' Organization

Dramatic 203% Surge in Revenue Revealed in 2014 Data

NEW ORLEANS, April 25, 2014 /PRNewswire-USNewswire/ -- The Women Presidents' Organization (WPO) has released its 7th Annual list of the 50 Fastest-Growing Women-Owned/led companies around the globe. The 50 Fastest generated $4.9 billion in combined 2013 revenues and collectively employed 22,000 people. Compared with last year's list, the total combined revenue of the 2014 winning companies grew by a dramatic 53%.

Women Presidents' Organization logo.

Thirty-One Gifts, a direct seller of exclusive, stylish and functional purses, totes, fashion accessories and organizing solutions, is the fastest-growing woman-led/owned company. Cindy Monroe, founder and chief executive officer who started the company in her basement in 2003, saw her company's revenues grow exponentially in four years -- from $38 million in 2009 to $760 million in 2013.

"The companies that made it onto our list this year reflect the continued resourcefulness of women-led businesses," said Marsha Firestone, Ph.D., president and founder of WPO. "We saw production soaring, with an average revenue growth of 203% from 2009 to 2013. Not only is the financial growth of these companies impressive, it shows that women entrepreneurs are making inroads in non-traditional businesses, such as information technology and transportation. The growth of these women-led companies is particularly impressive as the world economic recovery struggles to gain traction. Privately held U.S. companies on average ended 2013 with annual sales growth of 5.4%, the slowest rate of sales growth since 2009," Dr. Firestone added.

Strategic Communications, a Louisville-based provider of technology services run by Kathy Mills ranked second this year, nearly doubling the company's revenues, from $45.4 million in 2011 to $97.3 million in 2013. WDS, Inc., an international warehousing, distribution and inventory management company, rounds out the top three. Jennifer Maier, chief executive officer and president, grew the company's revenue from $13.2 million to $155.8 million in the past four years.

For the first time since its inception, the 2014 50 Fastest was opened to applicants on a global level, resulting in two international businesses in the top ten. Participating companies were ranked according to a sales growth formula that combines percentage and absolute growth. To be qualified for the ranking, businesses are required to be privately held, woman-owned/led companies with annual revenue of at least $500,000 by year end 2008.

More about the 2014 WPO 50 Fastest:

  • Average revenue grew from $32.6 million in 2009 to $98.8 million in 2013
  • Founded the business: 90%
  • Average age: 48
  • Average number of projected 2014 employees: 657

All 50 companies will be honored at a special event during the 2014 WPO Annual Conference in New Orleans, LA on Thursday, April 24, 2014. The awards reception will take place from 5:30 – 8:00 PM at the Sheraton Hotel New Orleans.

The WPO's 2014 50 Fastest-Growing Women-Owned/Led Companies are:


Entrepreneur Name

Company Name

City/State

1

Cindy Monroe

Thirty-One Gifts

Columbus, OH

2

Kathy Mills

Strategic Communications

Louisville, KY

3

Jennifer Maier

WDS, Inc.

Lake Wylie, SC

4

June Ressler

Cenergy

Houston, TX

5

Shelly Sun

BrightStar

Gurnee, IL

6

Zeynep Erkunt-Armagan

Erkunt Traktor Industry Inc.

Sincan, Ankara - Turkey

7

Leslie A. Firtell, Esq.

Tower Legal Solutions

New York, NY

8

Dr. Rebecca Thomley

Morning Star Financial Services, LLC

Golden Valley, MN

9

SungJoo Kim

Sungjoo D&D

Seoul - Korea

10

Anita Emoff

Boost Technologies

Dayton, OH

11

Fiona Gathright

Wellness Corporate Solutions, LLC

Bethesda, MD

12

Lenora Payne

Technology Group Solutions, LLC

Lenexa, KS

13

Rebecca Cenni

Atrium Staffing

New York, NY

14

Liz Elting

TransPerfect

New York, NY

15

Beatriz Manetta

Argent Associates, Inc.

Edison, NJ

16

Celeste Gudas

24 Seven Inc.

New York, NY

17

Jennifer Guthrie

In-Flight Crew Connections

Charlotte, NC

18

Therese Tucker

BlackLine Systems

Los Angeles, CA

19

Lori A Blaker

TTi Global

Rochester Hills, MI

20

Pamela Chambers O'Rourke

ICON Information Consultants, LP

Houston, TX

21

Leslie O'Connor

Search Wizards, Inc.

Atlanta, GA

22

Natalie Davis-Runyan

Anserteam Workforce Solutions

Dallas, TX

23

Keeli Jernigan

Trans-Expedite, Inc.

El Paso, TX

24

Cheryl Y. Biron

One Horn Transportation

Wayne, NJ

25

Patricia Bible

Katom Restaurant Supply

Kodak, TN

26

Kara J. Trott

Quantum Health

Columbus, OH

27

Claudine S. George

ICONMA LLC

Troy, MI

28

Jacqueline B Wilson

American Fashion Network

Manlius, NY

29

Teresa Sherald

Diversity Search Group

Columbus, OH

30

Denise Wilson

Desert Jet

Thermal, CA

31

Cassandra Sanford

KellyMitchell Group, Inc.

Clayton, MO

32

Phyllis W. Newhouse

Xtreme Solutions Inc

Atlanta, GA

33

Lisa David

eCapital Advisors, LLC

Bloomington, MN

34

Jennifer Smith

Innovative Office Solutions

Burnsville, MN

35

Orit Koren

Trillium FSB Inc.

Concord, ON - Canada

36

Allison McGrath Judge

Transformhealthrx

Statesboro, GA

37

Anjali "Ann" Ramakumaran

Ampcus Inc

Chantilly, VA

38

Cheryl Brunetti

RVM Enterprises, Inc.

New York, NY

39

Ranjini Poddar

Artech Information Systems, LLC

Cedar Knolls, NJ

40

Necole Parker

The ELOCEN Group, LLC

Washington, DC

41

Meredith Leapley

Leapley Construction Group of Atlanta, LLC

Atlanta, GA

42

Joanne Santomauro

Ancillare

Horsham, PA

43

Shari Dingle Sandifer

Avant Healthcare Professionals

Casselberry, FL

44

Dee Hays

Excellence Engineering, LLC

Tulsa, OK

45

Shelly Morse

The Mosaic Company

Tukwila, WA

46

Elaine Osgood

Atlas Travel & Technology Group

Milford, MA

47

Karen Clark Cole

Blink UX

Seattle, WA

48

Tracy Balazs

FSR

Annapolis MD

49

Jamie Fletcher

Mach 1 Global Services

Tempe, AZ

50

Jessica Firestone

Tempest Telecom Solutions LLC

Santa Barbara, CA

About the Women Presidents' Organization (WPO)
The WPO is the ultimate affiliation for successful women entrepreneurs worldwide. In monthly meetings across the world, women from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, call 212-688-4114 or visit www.womenpresidentsorg.com.

Contact:
Erin McKeon
Global Group by JG
erin@jgblackbook.com
212.967.5895

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