BRG – JPMC – Bright Horizons – Transcript

[bright music]

Maribeth Bearfield:

30 years ago Bright Horizons started to help working mothers come to work. Our mission for Bright Horizons is to provide innovative solutions that help children, families, employees, and employers work together to be their very best. We are committed to providing the highest quality childcare, education, and work life solutions in the world. J.P. Morgan and Bright Horizons have had a long-standing relationship since 1992, which is wonderful.

Lilly Wyttenbach:

Bright Horizons has really become an extended family of J.P. Morgan in many aspects. Many of our teachers and our account managers have been working with us for decades, for years.

Rob Arrieta:

What I value most about the relationship between J.P. Morgan and Bright Horizons is really the partnership. We rely on them for childcare services, and they rely on us to help them provide the capital to grow.

Lilly Wyttenbach:

They watched J.P. Morgan children grow up and they live the ups and downs with our employees, through the good times and the bad times. And that was never more prominent than this past year during the global pandemic.

Children:

Aaaahhhh.

Maribeth Bearfield:

COVID put child care and family support into a whole new light. We’re living at work, and so it's changed the way that we need to provide that support. When you think about the fact that one third of employees has a child less than 14 years old living with them, and that 35 percent of U.S. child care centers remained closed during the pandemic, we had to step in quickly, and we had to step in to say how can we help all essential workers to keep our world and our economy going? It became really important that we, Bright Horizons, could reach out and provide them with the support they need.

Lilly Wyttenbach:

Given our long-standing partnership, the shared value and vision that we have, we’re really able to be innovative and evolve to meet our employee's best needs.

Maribeth Bearfield:

J.P. Morgan went out of its way to insure that those teachers who were not working at open centers continued to work from home and those individuals who were coming in received enhanced wages. I mean that’s just great partnering. That's the way we work together.

Lilly Wyttenbach:

We just really value the partnership. This is a really fruitful relationship that we hope will go on for many more decades to come.

Maribeth Bearfield:

I think what makes Bright Horizons so special with the clients that it works with like J.P. Morgan is that ability to say that education and care change our world, one child, one family, and one organization at a time.

END