Women Presidents’ Organization Announced Winners at 11TH Annual Awards Ceremony Held in Los Angeles
Tinton Falls, NJ – (May 30th, 2018) – The Women Presidents’ Organization (WPO) announced the 11th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies during its recent WPO Annual Conference. The companies featured on this year’s 50 Fastest list include a variety of industries -- such as technology, finance, retail and entrepreneurial ventures. With aggregate revenues of $8.3 billion, this number is up $1 billion from last year’s ranking.
Kristen Bunnell, CEO of RiverRoad Waste Solutions, has been ranked thirty-seventh among this year’s WPO 50 Fastest-Growing list. Bunnell is a strategic and forward-thinking business leader who has expertly guided her company to significant sales growth and has achieved a 97% client retention rate. RiverRoad provides waste and recycling program management as well as a full suite of specialty waste and regulated waste solutions.
“The WPO launched the listing of the 50 Fastest-Growing Women-Owned/Led Companies to focus much-needed attention on the vital role that women-owned/led companies have in boosting the economy and enhancing overall job growth,” WPO President and Founder Dr. Marsha Firestone, said. “We are proud that Kristen Bunnell is among the unique women business leaders facing challenges yet rising to accelerate the growth of her business in today’s consistently growing economic landscape.”
All eligible companies were ranked according to a sales growth formula, combining percentage and absolute growth. To qualify for the ranking, businesses are required to be privately-held, woman-owned/led companies and have reached annual revenue of at least $500,000 as of January 1, 2013. Applicants are not required to be WPO members.
Additional facts about the 2018 WPO 50 Fastest:
- Average age of women-owner/leader is 51; with half of the winners in their 30’s and 40’s
- Aggregate revenue is $8.3 billion, up $1 billion from last year
- Average 2017 revenue was $165.3 million
- Average number of employees on first day: 13; projected average for 2018: 799
- Funding sources at company start:
o 70% with their own funds
o 12% with funds from friends and family
o 4% with a bank loan
o 8% with a line of credit
o 4% with a credit card
o 4% with private investors/angels
The Women Presidents’ Organization (WPO)
The Women Presidents’ Organization (WPO) is the premier peer advisory organization connecting women who own multi-million dollar companies. In monthly meetings across six continents, chapters of 20 women presidents 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, contact 212-688-4114 or visit www.womenpresidentsorg.com. Follow the WPO on Twitter @womenpresidents and Facebook @TheWPO.