Press Release
Buick Announces Contribution to Female Executives Association Program
10/24/96
Buick Contributes to Esteem Team Program of National Association for Female Executives FLINT, Mich., Oct. 22 -- Buick Motor Division is partnering with NAFE, an organization which promotes women's success and career development in the workplace, to support the "Esteem Team" program, administered by the Women's Foundation of the National Association of Female Executives (NAFE), in its role of developing young women as future business leaders. Buick will be a major contributor to the "Esteem Team" program over the next several years, Margaret G. Holmes, Buick director of communications, has announced. The Esteem Team program is a unique mentoring initiative, in which one at-risk girl is paired with a female executive over a six-year period. Together they are part of a team of five professional women and five girls. Besides providing each girl with her own confidante and role model, this arrangement creates a powerful network to help champion her dreams. The girls are encouraged to develop friendships with other team members to help incorporate the team experience into their daily lives, as well as to build their self-esteem. Through this exclusive partnership with NAFE, Buick will make a contribution to the program for every Buick purchased during designated promotional programs through 1998. In return, Buick has been named Official Car of the NAFE Women's Foundation. "Buick and NAFE are a perfect fit," said Holmes. "The demographics of NAFE members are a very close match to those of Buick customers, making this relationship a natural. But above and beyond the obvious marketing benefits, Buick recognizes a growing market for women in the automotive industry and feels strongly about the advancement of women in today's society. This partnership with NAFE allows Buick to contribute to this extraordinary cause." The partnership will be formally announced October 23 at the 1996 NAFFY Awards luncheon at the Waldorf-Astoria Hotel in New York City. Holmes will be a guest speaker at the luncheon. The NAFFY Awards honor individuals or groups who have worked to make the world a better place for youth to grow up in. NAFE members will have the opportunity to attend exclusive Buick events that focus on issues of particular concern for women in the vehicle purchasing market. Events will be held in major markets and are currently planned in conjunction with the four major North American auto shows -- Detroit, Los Angeles, Chicago and New York. NAFE is the largest businesswomen's organization in the United States. Founded in 1972, NAFE provides resources and services -- through education, networking and public advocacy -- to empower its members to achieve career success and financial security. With member benefits including the award-winning publication Executive Female, insurance and financial planning programs, career development events and many corporate and travel discounts, NAFE members have the tools necessary to be successful in the workplace. NAFE has more than 200,000 members and 200 local chapters across the United States.