Group 1001 Becomes Majority Stakeholder in Women’s Sports-Focused Enterprise Parity

NEW YORK (Date TBD) – In a bold step to create lasting and meaningful change in women’s sports, Group 1001 will become a majority stakeholder in Parity, a startup created for both elite women athletes and their fans to combat gender pay inequities in professional sports.

As part of the acquisition, Parity will have substantially increased funding to pursue brand partners and support elite women athletes on a larger scale. Group 1001 Life and Annuity CFO Linda Wang will join the Parity board.

“We’re excited to have Parity join the Group 1001 enterprise. Part of our mission is to transform communities through sports and education and those values align with Parity, a groundbreaking platform created to close the gender pay gap in sports sponsorship income,’’ said Group 1001 Life and Annuity CFO Linda Wang.

The minority-founded company currently focuses on two major lines of business: an infl...

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Group 1001

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