Lori Torres one of 13 entrepreneurs admitted into prestigious executive education program
IRVINE, Calif. October 24, 2017 – Parcel Pending, the nation’s leading provider of innovative package management solutions, today announced that CEO, Lori Torres, has been chosen as one of 13 entrepreneurs admitted into the EY Entrepreneurial Winning Women™ 2017 North America class. EY Entrepreneurial Winning Women is an annual competition and executive education program that identifies high-potential entrepreneurs in the US and Canada seeking to scale their businesses — and then helps them do it. Program participants are among the top 2 percent of all women-led businesses in terms of company revenue.
“I am both honored and humbled to be a part of such a strong network of female entrepreneurs,” stated Lori Torres, CEO and founder of Parcel Pending. “I am surrounded by women who are fluent in business savviness and passionate about sharing their valuable knowledge with others to ensure their success. This program has encouraged me to take my leadership to the next level and I am excited to put into play some of the key lessons and best practices I have absorbed from this experience at my own company, Parcel Pending.”
Founded by Torres in 2013, Parcel Pending is a leading international provider of package management solutions that simplify and secure the parcel delivery business for multifamily communities, commercial buildings, retailers and universities throughout North America. Parcel Pending’s package lockers enable property owners and managers to increase responsiveness to residents, provide better service, gain competitive advantage and concurrently reduce operating costs. In addition, retailers also now have a clear solution to the challenges associated with the “buy on-line, pick-up in store” shopping habits.
Torres was recognized for guiding the global development of Parcel Pending and growing the business substantially since its inception. She joins a diverse and prominent class of promising business leaders who have achieved major accomplishments in the fields of science, technology and math (STEM).
“This program provides not only the resources and networks to help these women continue to grow their businesses, but also the power of a like-minded community of entrepreneurs with common goals and challenges who act as resources and advisors for one another, said Kerrie MacPherson, principal, Financial Services Office, and North America Entrepreneurial Winning Women executive sponsor at EY.
Entrepreneurial Winning Women spurs rapid growth among participating entrepreneurs. According to an independent impact assessment directed by the Babson College Center for Women’s Entrepreneurial Leadership, individual participants average 20 percent annual revenue growth in their first year in the program, and can have up to 50 percent growth in their second year of participation. Winners also report increased confidence, financing, networks and more.
“This year marks a decade for EY endorsing and supporting women founders who are creating and leading some of the world’s most promising companies,” said Lisa Schiffman, Director, Brand, Marketing and Communications, Americas Growth Markets, Ernst & Young LLP and program founder. “We understand that today’s entrepreneurs have a tough road ahead of them, but with the right sponsors and growth networks, they learn to think bigger, establish advisory boards, secure the right investors and build effective leadership teams necessary to scale.”
The panel of independent judges who selected the 2017 inductees included Pat Hedley, Founder and CEO, Path Ahead, Dr. Christina Lampe-Önnerud, CEO, Cadenza Innovation, Stephanie Kaplan Lewis, Co-founder and CEO, Her Campus Media, Don J. Morrison, CA, CPA, CIRP, ICD.D. The 13 members of the class of 2017 will receive an all-expenses paid trip to the EY Strategic Growth Forum®, an invitation-only gathering of more than 2,000 executives representing high-growth companies in Palm Spring, California.
Entrepreneurial Winning Women is conducted in collaboration with several organizations that encourage the development of women-owned businesses, including the Women Presidents’ Organization (WPO), the Women’s Business Enterprise National Council (WBENC), the National Association of Women Business Owners (NAWBO), Golden Seeds, TEC Canada, the Kauffman Foundation and Babson College’s Center for Women’s Entrepreneurial Leadership. For more information on the program, visit ey.com/winningwomen.
 US Department of Commerce