Business Wire Gives Back for 50th Anniversary

February 15, 2011

In the grand tradition of our founder, Lorry Lokey, & of course, Warren Buffett, chairman of our parent company Berkshire Hathaway, this year, Business Wire is giving back to celebrate our 50th anniversary.

We are setting a goal of 5,000 hours of community service for our 500+ employees in 2011. Each employee will given up to 12 hours of paid time off to volunteer at the nonprofit of their choice, with the goal that together, we can give back at least 5,000 hours to the communities in all 32 markets where we have local bureaus. In addition, Business Wire will continue to match charitable gifts to nonprofit organizations, as it has done for more than 10 years.

We are proud to be following in the footsteps of Warren Buffett, who is a founder of The Giving Pledge, along with Microsoft’s Bill Gates. Founded in 2010, The Giving Pledge encourages wealthy individuals worldwide to give the majority of their fortunes back to society. Our founder, Lorry Lokey, is also part of The Giving Pledge, and has already demonstrated a tradition of giving, particularly to education.

All of us here at Business Wire hope to uphold their example as we celebrate our 50 years of service to the communications industry this year. Be sure to check back here and at our Facebook page for updates throughout the year on our progress toward 5,000 hours given back!


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