Navin Chaddha Named 2009 Young Global Leader by World Economic Forum
Joins cadre of 230 worldwide business, government, academia, media, non-profit leaders
Menlo Park, Calif., February 27, 2009
Mayfield Fund today announced that Managing Director Navin Chaddha has been named as a Young Global Leader (YGL) by The World Economic Forum. The honor, bestowed each year by the Forum, recognizes between 200 and 300 outstanding young leaders from around the world for their professional accomplishments, commitment to society and potential to contribute to shaping the future of the world. This marks the second time that Chaddha has been awarded an honor by the Forum.
In 2009, the Forum has nominated Young Global Leaders from 71 countries, including business leaders, as well as leaders from government, academia, non-profit organizations, media and society. The YGLs convene at biannual summits, as well as Forum events and meetings throughout the year, and collaborate on initiatives to tackle some of the key challenges of our generation.
The World Economic Forum is a true multistakeholder community of global decision-makers. Among the Forum communities, the Young Global Leaders represent the voice for the future and a catalyst for initiatives in the global public interest. “As we currently face one of the most challenging times economically and socially, the Young Global Leaders are even more important in developing, designing and leading a world committed to positive change,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.
The 2009 Young Global Leaders (YGL) includes Mark Zuckerberg (Facebook), Chad Hurley (YouTube), Josh Silverman (Skype), and Michael Birch (Bebo). Past YGLs include Sergey Brin and Larry Page (Google), Marc Benioff (Salesforce.com), Jimmy Wales (Wikipedia), Jack Ma Yun (AliBaba), Sheryl Sandberg (Facebook).
“I am honored to be named as a Young Global Leader of the World Economic Forum. Innovation has always been the engine of change and I believe it will be the force of recovery as well. As venture capitalists with a global focus, we have the power to re-energize the entrepreneurial community and invest in innovation worldwide,” said Chaddha. “I look forward to working with the broad cross-section of international leaders as well as our Silicon Valley community to contribute to improving the state of the world.”
About The World Economic Forum and Forum of Young Global Leaders
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971 and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests (http://www.weforum.org). The Forum of Young Global Leaders (http://www.younggloballeaders.org) is a unique, multistakeholder community of the worlds most extraordinary young leaders who dedicate a part of their time to jointly address global challenges and who are committed to devote part of their knowledge and energy to collectively work towards a better future.
About Mayfield Fund
Mayfield Fund provides “venture capital with impact” by partnering with exceptional individuals to create industry-leading companies. The firm has $2.8 billion under management and focuses on the U.S., China and India markets. Since Mayfield’s founding in 1969, the firm has invested in more than 500 high-growth companies, taken more than 100 public and exited nearly 100 others through mergers and acquisitions.
