SAN DIEGO, CA. – May 15, 2024 – The Women Presidents Organization (WPO) announced the 2024 rankings for the 50 Fastest Growing Women-Owned/Led Companies. Innovative Employee Solutions (IES) is proud to be ranked 46 on the 2024 list. Kara Hertzog, president of IES, joined the women-owned and lead family business in 2006 and spearheaded the company’s transformation to its current position as a renowned global innovator with annual revenue of nearly $200M.
Companies in the health and wellness industries lead this year’s list, alongside firms specializing in security, technology, staffing, human capital management and professional services.
“It is an honor to be recognized on the WPO 50 list alongside these incredible women,” shared Kara Hertzog. “I am so proud of the growth our company has achieved over the last few years. It is a true testament to our amazing people and the level of service provided to our clients. I’m excited about the future of IES as we approach our 50th anniversary in June 2024. Congratulations to all who made the list.”
View the full list of honorees here.
“The business leaders recognized on this year’s 50 Fastest are at the forefront of dynamic, fast-moving industries. Their growth, geographic reach and performance is impressive and deserving of celebration,” said Thelma Ferguson, Global Head of Diversity, Equity & Inclusion and Vice Chair of Commercial Banking for JPMorgan Chase. “We are proud to join the WPO in honoring these individuals and helping them access networks and resources to support their continued success.”
“We continue to be impressed with the way today’s leaders navigate challenges and steer their businesses toward success, all while building innovative products and company cultures,” said Camille Burns, CEO of Women Presidents Organization. “It is an honor to hear these women’s stories and we look forward to celebrating their many accomplishments at this year’s WPO Entrepreneurial Excellence Forum.”
2024 Ranking Characteristics
To qualify for the ranking, the WPO requires businesses to be privately held and woman-owned or -led with annual revenues of at least $500,000 in each of the past five years. Applicants were not required to join or be members of the WPO. All eligible companies were ranked according to a sales growth formula created by the WPO that combines percentage and absolute growth.
From January to December of 2023, the businesses recognized on the 50 Fastest list generated a combined $7 billion in revenue and collectively employed more than 18,000 people. A majority of this year’s honorees conduct business globally and with Fortune 1000 companies, with nearly all honored leaders still playing an active role in the day-to-day operations of their businesses.
More about this year’s 50 Fastest:
• Average honoree age: 54
• Average years in business: 11
• 94% started the business
• 72% do business globally
The companies on the 50 Fastest list will be recognized at the WPO Entrepreneurial Excellence Forum taking place May 15-17, 2024, at The Broadmoor in Colorado Springs, CO.
About Innovative Employee Solutions (IES)
Innovative Employee Solutions (IES) a leading provider of remote and contingent workforce solutions specializing in U.S. and global Employer of Record, Agent of Record, and Independent Contractor compliance services in 150+ countries.
Founded in 1974, IES is a woman-owned business, certified by the WBENC, and a trusted service provider who partners with companies to provide flexible, consultative, and technology-driven solutions for engaging the evolving workforce, enabling companies to hire quickly and compliantly anytime, anywhere globally and across industries.
IES has grown into one of San Diego’s largest woman-owned and woman-operated businesses and named on the Inc 5000 Fastest-Growing Private Companies List in the United States. Our mission is to provide compliant employment solutions that empower people’s lives.
Learn more at innovativeemployeesolutions.com
About Women Presidents Organization (WPO)
The Women Presidents Organization (WPO) is a non-profit membership organization where dynamic and diverse women business leaders around the world tap into collective insight with exclusive access to entrepreneurial equals, innovative ideas, and executive education. WPO members have guided their business to generate at least $2 million USD in gross annual sales (or $1 million USD for a service-based business). Each WPO chapter serves as a professionally facilitated peer advisory group for members where they can harness the momentum of their successes and cultivate new strategies that will take them even further. Learn more at www.women-presidents.com.
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Media Contact:
For additional information, please contact Danielle Itani, Sr. Director of Marketing, Strategy at IES: ditani@innovative-es.com
