World Economic Forum Selects Sheila Lirio Marcelo, Founder and CEO of Care.com, to its Young Global Leaders 2011 List

WALTHAM, Mass., March 9, 2011 /PRNewswire/ -- Sheila Lirio Marcelo, Founder and CEO of Care.com, Inc. (http://www.care.com) the premier source of trustworthy family care options for children, for adults & seniors, pets and home & lifestyle, today was selected by the World Economic Forum as a Young Global Leader for 2011.

The honor, bestowed each year by the Forum, recognizes up to 200 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.

For 2011, the Forum has selected 190 Young Global Leaders from 65 countries and all sectors of society (business, civil society, social entrepreneurs, politics and government, arts and culture, and opinion and media). The new class represents all regions: East Asia (50), South Asia (18), Europe (42), Middle East and North Africa (13), sub-Saharan Africa (14), North America (37) and Latin America (16). This year's selection has more gender balance than ever, with 44% women.

"I'm incredibly grateful for the opportunity to join such a diverse and innovative community of global thought-leaders," said Ms. Marcelo.  "I look forward to actively participating in the cultivation of cutting edge ideas and to further support global efforts that will directly impact the future of our world economy, including lending my voice and action to increase opportunities for women in the workplace by finding a sustainable solution to enable them to balance childcare and family care while still achieving success and higher positions of power."

"The challenges faced by the next generation of leaders are more daunting and intractable than ever and cannot be mastered with the current set of strategies, institutions, standards and attitudes. To address these challenges in a meaningful and sustainable way requires fresh thinking, multistakeholder engagement and dynamic new ways of collaborating to develop innovative solutions that are truly global. Recognizing this need, in 2004, I created the foremost platform for young leaders to engage in global affairs to shape a more positive, peaceful and prosperous society. Within the World Economic Forum community, the Young Global Leaders represent the voice for the future and the hopes of the next generation. I am particularly proud of this year's honourees, who make up the most diverse class of YGLs ever," said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

Drawn from a pool of almost 5,000 candidates, the Young Global Leaders 2011 were chosen by a selection committee chaired by H.M. Queen Rania Al Abdullah of the Hashemite Kingdom of Jordan.

About the Forum of Young Global Leaders

Established in 2004 by Professor Klaus Schwab, the Forum of Young Global Leaders is a unique, multistakeholder community of the world's 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. Together the Young Global Leaders work to discover innovative solutions to today's most pressing problems through various initiatives and workstreams, as well as catalysing the next generation of leaders.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.  Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.

About Care.com

Founded in 2006, Care.com is the largest and fastest growing service used by families to find high-quality caregivers, providing a trusted place to easily connect, share caregiving experiences and get advice. The company addresses the unique lifecycle of care needs that each family goes through-child care, special needs care, tutoring and lessons, senior care, pet care, housekeeping and more. The service helps families find and select the best care available based on detailed profiles, background checks and references for hundreds of thousands of mom-reviewed and pre-screened providers who seek to share their services. Through its Care.com Employer Program, corporations can offer Care.com memberships as a benefit to employees. www.care.com

SOURCE Care.com



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