Sep 25, 2014
SAN FRANCISCO, September 17, 2014 – The 30th edition of the J.P. Morgan Corporate Challenge® in San Francisco put on display the creativity, camaraderie and competiveness the Bay Area is known for.
A full-capacity crowd of 12,750 entrants from 390 companies covered a 3.35-mile course in China Basin and the Embarcadero, and thousands followed that with a first-time hospitality party on the field at adjacent AT&T Park, home of the 2010 and 2012 World Champion San Francisco Giants.
“An amazing night and setting,” said Peter Engel, Vice Chairman, Investment Bank for J.P. Morgan. “The way this event has grown through the years is a testament to the hard work of the company captains who registered their teams. I can’t think of a better business-to-business event in the city with more benefits.”
McCovey Cove is a spot beloved by baseball fans around the world and now is also known for hosting the world’s largest sporting event for full-time workers – the Corporate Challenge. Since moving to this part of San Francisco in 2010, the event has nearly doubled in size, and it attracts some of the most prestigious employers in the Bay Area; Salesforce had an amazing 1,144 participants, VMware 323; Genentech 256, Gilead Sciences 200, Twitter 191 and Google 176.
“It’s a great cause and it’s fun,” said Jim Cox, EVP and CFO for software firm Advent, which had 55 entrants. “The race is perfect way to be involved in the community through your company. There’s benefit before the race, too, as training for the Corporate Challenge promotes health and wellness within our company and strengthens employee friendships.”
Part of the popularity of the race is the beneficiary component. J.P. Morgan made a donation on behalf of all participants to Year Up, which helps low-income young adults gain professional skills. The donation was an extension of a larger relationship between the firm and not-for-profit, as JPMorgan Chase is one of more than 40 Bay Area companies to provide internships annually to Year Up students.
“I think it’s incredibly valuable to see how all of us can come together as a community in support of a great cause,” said Jessica Whiting, company captain for Peet’s Coffee & Tea, an iconic Bay Area brand. “We get to compete in a fun way and remember the power we all have to make a positive difference.”
And, Whiting was quick to add, have a lot of fun.
“I participated in the Corporate Challenge several years ago with another organization and it was a blast,” Whiting said. “I was so excited to bring this event to Peet’s and have my fellow Peetniks participate in the race.”
There’s also some serious competition at the front of the pack, as this race is the largest in San Francisco and a first-place title is quite prestigious. Chris Chavez won the men’s competition, covering the 3.35-mile course in 16 minutes and 7 seconds. Kate Tenforde was the women’s champion, breaking the finish line tape in 19 minutes and 9 seconds.
Official team results will be posted shortly on www.jpmorganchasecc.com. The first place men’s, women’s and mixed teams will earn an invitation to compete in the 2015 J.P. Morgan Corporate Challenge Championship, a global spectacular that brings together the best teams from all 13 cities from seven countries in the Corporate Challenge Series.
And just as San Francisco was a record-breaking event for attendance in 2014, so is the Series. With two events remaining (Shanghai on October 23; Sydney on November 12), the J.P. Morgan Corporate Challenge Series is poised to top 270,000 total participants for the very first time. The Series dates back to 1977.
See the video highlights from the San Francisco Corporate Challenge here.