On Wednesday, July 28, the National Minority Supplier Development Council (NMSDC), America’s most influential and successful minority business development organization founded in 1972, has appointed its new president and CEO: Ying McGuire.
McGuire will be the first Asian American or Pacific Islander to lead NMSDC and will help usher in the organization’s 50th anniversary. McGuire will bring over two decades of leadership in both the profit and nonprofit sectors and help NMSDC continue its mission of advancing business opportunities for certified minority business enterprises and connecting them to corporate members.
“I am humbled and delighted to take on the role of NMSDC President and CEO at a time of both challenges and great opportunities,” McGuire said in a statement following her appointment. “For nearly 50 years, NMSDC has been at the forefront of creating economic opportunities for all certified minority businesses. NMSDC is uniquely positioned to deliver on its mission to enable MBEs to grow, to achieve their full potential.”
Prior to her newly appointed role with the NMSDC, McGuire was a supplier diversity lead at Dell Technology, where she “drove the strategy and execution that nearly quintupled Dell’s diversity spend from $640M to $3B within three years.” She then moved to an NMSDC Certified Minority Business Enterprise (MBE), Technology Integration Group where she served as its executive leader and helped to grow the company to a global scale.
McGuire has also served in the civic sector as a nonprofit leader, an economic-empowerment board member and a policy advisor to government agencies, including an appointment to the United States Investment Advisory Council in 2016 by the Secretary of Commerce, Penny Pritzker.
According to the NMSDC, “U.S. Census Bureau data reveals that nearly 20% of American businesses are minority-owned. Those firms generated nearly $1.4 trillion in annual revenue and provided employment to more than 51 million employees.” Reflecting on that figure, Jose Turkienicz, NMSDC Chairman of the Board of Directors, praised the appointment of McGuire.
“As we navigate through the impact that COVID-19 has presented and address the challenges and opportunities, NMSDC is well-positioned for its next chapter, a chapter of modernization and focus on supporting minority businesses to grow profitably,” Turkienicz said. “I am confident that Ms. McGuire’s track record of success, charismatic leadership, energy, and innovative mindset will position NMSDC to provide even greater opportunities for all Certified Minority Business Enterprises while creating better value for our Corporate Members.”