18 Jul 2013

Women Presidents' Organization to launch NZ chapter

8:31 am on 18 July 2013

The founder of a global organisation which aims to support women who run multi-million dollar companies is in New Zealand to launch a local chapter.

Marsha Firestone founded the Women Presidents' Organization (WPO) in 1997 after having worked as a vice president of the American Women's Economic Development Corporation.

Dr Firestone says about 40 women have been invited to Thursday's launch in Wellington, hosted by accounting firm PwC.

She says the organisation is a peer advisory group for multi-million dollar companies led by women.

"The goal is to help these companies accelerate their growth, enhance their competitiveness and promote economic security for themselves, their families, their employees".

Dr Firestone says the WPO now has 110 chapters on five continents.

She says it's primarily an English-speaking organisation which already has a 15% international membership and anecdotally she's heard that there are New Zealand women who own businesses which are substantial.

Dr Firestone says each chapter has a maximum of 20 members.