AWNY’s Impact Awards Celebrates Development and Education of Women
in Advertising and Media; AWNY Honors Mentors of Prominent Executives
New York – November 3, 2014 –Advertising Women of New York (AWNY | www.awny.org), an industry association that empowers women in media, marketing and communications through all phases of their career, today announced the distribution of $200,000 in stipends as part of its 3rd annual Education Loan Relief Program. The funds are being awarded to 20 recipients to pay off loans amassed from undergraduate, graduate and continuing education studies. These professionals will be highlighted at the 6th Annual AWNY Impact Awards on November 4 in New York City.
As part of the event, AWNY will honor industry mentors who have played pivotal roles in guiding prominent industry leaders. Award recipients are:
- Serge Del Grosso, Head of Media Strategy, eBay, as mentor for Christina Meringolo, VP Integrated Marketing Solutions at Bayer
- Wenda Harris Millard, President and COO, Medialink, as mentor for Beth Lawrence, EVP Digital Ad Sales at Scripps Networks
- Bob Marcus, Managing Partner, Brimstone Consulting, as mentor for Kelly Cook, CMO and EVP at DSW
- Chris Weil, Chairman/CEO, Momentum Worldwide, as mentor for Nancy Smith, VP Global Media Alliances, Development and Social Media Marketing at American Express
- Bryan Wiener Chairman 360i and Expion, as mentor for Sarah Hofstetter, CEO at 360i
“AWNY takes a leadership role in cultivating talented women in our industry, from all aspects and all levels,” said Kelly Wenzel, who serves as an AWNY executive-class member, chairperson of the Impact Awards, and CMO of Centro. “Mentorship matters; it is and has always been a central component in professional and personal success. The Impact Awards showcase the role mentors can play throughout women’s entire career arc, from junior-level and mid-career to senior leadership.”
The growth of AWNY’s membership base demonstrates that there are many promising women who are looking to advance and develop their career in advertising. However, many are saddled with student loan debts that can be exponentially larger that their annual salaries. A 4A’s annual talent survey showed that entry-level yearly salaries in the industry commonly range from $25k to $35k. Furthermore, with New York City being the third most expensive U.S. city to live in, according to the Bureau of Labor Statistics, young workers and mid-level professionals who want to continue their education are at a disadvantage.
The AWNY Education Loan Relief Program raises money to help women in media, marketing, and communications relieve debt accumulated from education costs. AWNY reviews applicants in the spring and summer every year to identify the most qualified candidates. Recipients were selected for their commitment to ‘pay it forward’ to the AWNY community and help fellow professionals in the space. The 2014 fund was collected from corporations donating directly to the fund, from a dedicated fundraising event, and from AWNY event proceeds throughout the year. Starcom MediaVest Group was the Gold Sponsor of the effort. Mediaocean was the Silver Sponsor; Comcast/NBCUniversal and MediaLink contributed at the Bronze plus level. Bronze sponsors included ABC, Allstate Insurance Company, GroupM, iHeartMedia, Horizon Media, RED Fuse Communications, and Turner Broadcasting. AOL and the Hyde Foundation also contributed at the Supporter level. Companies and individuals who are interested in donating to the 2015 fund can visit www.awny.org/about-awny/awny-foundation.
“AWNY and our partners are proud to give back to the women giving so much to the industry,” said Amy Wilkins, President of the Board, Advertising Women of New York. “While scholarships are available for those seeking degrees, there is little relief for those who could use reimbursement for education at any stage of their careers. By easing the burden of accumulated education loans, AWNY is glad to play a part in furthering so many women’s careers.”
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About Advertising Women of New York
Founded in 1912, Advertising Women of New York's (AWNY) mission is to empower women in our industry to achieve personal and professional fulfillment at each stage of their careers. The organization presents over 40 events annually for education and networking. Membership now stands at nearly 1,800 and ranges from senior level executives to those just beginning their career.