Guthy-Renker Honored by Goldman Sachs for Entrepreneurship
Co-Founders and Co-Chairmen Bill Guthy & Greg Renker among 100 Most Intriguing Entrepreneurs at 2013 Builders + Innovators Summit
SANTA MONICA, Cali. – October 28, 2013- Goldman Sachs (NYSE:GS) is recognizing Greg Renker and Bill Guthy, Co-Founders and Co-Chairmen at Guthy-Renker, as part of the 100 Most Intriguing Entrepreneurs of 2013 at its Builders + Innovators Summit in Marana, Arizona.
Goldman Sachs selected Mr. Guthy and Mr. Renker as two of the 100 entrepreneurs from multiple industries to be honored at the three-day event. Together, Mr. Guthy and Mr. Renker have helped set direct marketing industry standards for trust, integrity and best practices that have contributed to shaping industry-wide governing policies.
“When you embark on a venture that involves something you love, you are willing to put a lot of energy into your work, but you never feel as if you are working,” said Renker.
This philosophy helped establish Guthy-Renker in 1988, a company that remains one of the largest and most respected direct marketing companies in the world. Delivering well-loved, high quality consumer products in the beauty, skincare, entertainment and wellness categories in more than 68 countries, the company’s portfolio of products includes Proactiv®, WEN® Hair Care, Meaningful Beauty® and Sheer Cover®. Mr. Renker also co-founded the Electronic Retailing Association (ERA), has received its Lifetime Achievement Award, and serves as the chairman emeritus.
“It is an honor to be recognized by Goldman Sachs and participate in the esteemed Builders + Innovators Summit,” said Renker. “I look forward to sharing my professional and personal history with my fellow entrepreneurs and detail how we can continue to make a positive impact on the development of economic growth and job creation.”
“We are honored to recognize Bill Guthy and Greg Renker as two of the most intriguing entrepreneurs of 2013,” said David Solomon, co-head of investment banking at Goldman Sachs. “This is the second year for the summit and our goal remains the same. We pair seasoned and emerging entrepreneurs — the builders and innovators — from a diverse set of industries to discuss how to make vital, enduring companies that reshape industries and boost the world’s economies through innovation.”
For more than 140 years, Goldman Sachs has been advising and financing entrepreneurs as they launch and grow their businesses. In addition to honoring 100 entrepreneurs, the summit consists of general sessions and clinics led by Goldman Sachs experts, seasoned entrepreneurs, academics and business leaders as well as resident scholars.
About Guthy-Renker LLC
Guthy-Renker is one of the world’s largest and most respected direct marketing companies, with distribution in more than 68 countries. Since 1988, Guthy-Renker has discovered and developed dozens of well-loved, high quality consumer products in the beauty, skincare, entertainment and wellness categories. Known for moving, award-winning productions and marketing campaigns featuring some of today’s leading celebrities, the Company has been credited with transforming the broadcast direct marketing industry.
Co-Founders and Co-Chairmen Bill Guthy and Greg Renker have set industry standards for trust, integrity and best practices and along the way, have helped shape industry governing policies. Greg Renker is a founding member of leading industry trade organization, the Electronic Retailing Association (ERA). He was elected the first chairman of the ERA’s Executive Committee /Board of Directors and now serves as Chairman Emeritus.
More than sixteen years ago, Guthy-Renker introduced Proactiv Solution leveraging its unique style of marketing to bring a revolutionary new approach to acne treatment direct to consumers. Proactiv has become the world’s best-selling acne treatment product, helping millions to achieve the goal of clear skin.
Guthy-Renker has a superior track record of customer satisfaction. Its direct to consumer model allows consumers to purchase products at a guaranteed low monthly price with generous extended return policies.
Guthy-Renker is headquartered in Santa Monica, CA with offices in Palm Desert, CA; San Francisco, CA; London, England; Malmo, Sweden; Wiesbaden, Germany; Tokyo, Japan; Sydney, Australia; Hong Kong; and Gurgaon, India.