ISM Celebrates Leadership Transition with Retirement of Timothy Fiore and Introduction of Jeffrey Wincel
The Institute for Supply Management (ISM) has recently announced a significant transition in its leadership, as it prepares to bid farewell to its esteemed Chair, Timothy R. Fiore, while welcoming Jeffrey P. Wincel, D.Min., as the new leader. This change marks an important moment for ISM, an organization renowned for its influential role in shaping supply management and economic reporting in the United States.
Fiore, who has been the Chair of ISM’s Manufacturing PMI® Panel since 2017, has dedicated himself to guiding the organization through pivotal economic landscapes. His tenure has seen extraordinary challenges, including the unprecedented disruptions caused by the global pandemic. Under Fiore's leadership, the Manufacturing PMI® has provided crucial insights into the economic landscape, earning its reputation as a reliable barometer of the U.S. economy's health.
His expertise and steady guidance have been instrumental in maintaining the PMC's status as one of the world’s most respected economic indicators. Fiore’s analytical skills and clear leadership style not only benefited ISM but also served to educate and mentor future leaders in the field of supply management, proving integral in nurturing the next generation of industry experts.
As he steps down, Fiore leaves behind a legacy of dedication and innovation that has profoundly impacted the field, with his reported analyses helping inform public understanding and policymaking. His commitment to the community, reflected in his frequent educational engagements at universities and industry-related speaking events, has inspired many to further appreciate the importance of data-driven decision-making.
Jeffrey Wincel, set to succeed Fiore in March 2025, boasts an impressive résumé as a distinguished international purchasing executive and industry leader. A published author of several notable titles, including "Lean Supply Chain Management," Wincel brings a wealth of knowledge and experience from high-profile positions including Senior Vice President and CPO at NXP Semiconductors. His contributions to the field have earned him recognition from influential publications, positioning him as a thought leader in procurement and supply chain management.
Wincel's extensive background features roles at AMD, ON Semiconductor, and Honeywell Aerospace, alongside academic engagement as a faculty associate at Arizona State University’s W.P. Carey School of Business. His approach focuses on optimizing operational performance across various sectors, including technology and media, making him well-equipped to lead ISM into its next chapter.
The ISM community is eager to embrace Wincel’s vision and leadership style. His extensive experience in global procurement, as well as his dedication to enhancing the breadth and depth of ISM's data, promises to further strengthen the organization’s impact in the supply management space.
As ISM prepares for this transition, they also express heartfelt gratitude to Timothy R. Fiore for his unwavering service and significant contributions. Under Fiore's watch, the ISM Report On Business® has flourished, providing invaluable guidance not only for supply management professionals but also for government and business leaders across sectors.
Founded in 1915, the Institute for Supply Management® is a leading not-for-profit organization committed to advancing the profession of supply management. With a community that spans more than 100 countries, ISM manages approximately $1 trillion in procurement annually. The organization’s ongoing mission is to deliver powerful insights and tools that create competitive advantages for its members.
As we celebrate Fiore’s exceptional leadership and welcome Wincel aboard, ISM continues to ensure that its data, insights, and resources remain at the forefront of economic reporting, thereby uplifting standards within the industry and promoting sustainable practices for the future.