The University of Minnesota was recently named the “2017 Corporation of the Year” by the North Central Minority Supplier Development Council. This recognition is a reflection of the vision of the University’s Board of Regents decision to develop policy for the creation of a Supplier Diversity program in November 1996.
Over the past 24 months, the U has experienced impressive growth in its Supplier Diversity program. In FY 2017/2017 the University saw $11.2 million increase in the utilization of businesses owned by women, minorities and disabled suppliers over FY 2015/2016. The total dollars spent with those diverse suppliers in FY 2016/2017 totaled more than $82.5 million.
Photo caption: The University of Minnesota accepted the award on September 21st at U.S. Bank Stadium. From left to right: Jerry Fulmer, Vice President of Supplier Diversity, Wisconsin Energy Corporation & the Chairman of NCMSDC Board of Directors; Robert Harper, TGB Program Associate, U of M OBCED; Timothy Bray, Director of Purchasing Services, U of M; Sharon Banks, Senior Project Manager, U of M OBCED; Darryl A. Peal, Executive Director, U of M OBCED; Dr. Brian Burnett, Senior Vice President for Finance and Operations; Dr. Shakeer Abdullah, U of M Assistant Vice President for Equity and Diversity; John Taylor, Director of Supplier Diversity, Medtronic & NMSDC Board Member & Chair of OBOF Awards Luncheon; Jodie Tanaka, CEO of Tempo Creative Consultants & MBEIC Chair of NCMSDC; Heather Olson, Interim President & CEO of NCMSDC. Photo Credit: KCPHOTOS