Wednesday, September 17, 2008

GMSDC Makes History with Appointment of First Asian-American as Chairman of the Board

BUSINESS WIRE --The Georgia Minority Supplier Development Council, Inc. (GMSDC) announces the election of Dr. Rengen Li, Supplier Diversity Manager at The Coca-Cola Company, as Board Chairman.

A native of China, Dr. Li worked for many years in supplier diversity for The Coca Cola Company. He helped increase the diversity spending threshold at The Coca-Cola Company by more than 450 percent. Rengen will support GMSDC’s Board, leadership and staff in carrying out its mission and strategic plan in compliance with the goals of its constituents and other key stakeholders.

“As the face of ‘Diversity’ evolves in the supplier diversity marketplace, GMSDC remains committed -- more than ever -- to our core of building competency and capacity for ethnic minority business enterprises in the mix,” said GMSDC President & CEO Stacey J. Key. “We anticipate Rengen’s expertise, experience and leadership will support us in mobilizing against our mission and maintain our leadership position in minority business development,” said Key.

Rengen has served held a variety of leadership positions with the Council including most recently as First Vice Chair; Committee Chairman for several committees including Long Range Planning; and Corporate Supplier Diversity Coordinators’ Forum. Li’s two-year term was effective on September 1. Ruby Patton of Cox Communications and GMSDC’s outgoing Interim Chair will serve as First Vice Chairperson on the Board.

“I am honored to hold this position during such an exciting time for minority business development,” said Li. “With hot trends such as globalization presenting challenges as well as enhanced opportunities for both corporate supply management and minority businesses, I’m committed to helping the organization deliver world-class services that help them compete in today’s changing business landscape and maximize all the benefits of supplier diversity partnerships,” Li added.

A testament to his great works in supplier diversity, Rengen has been recognized with multiple honors from organizations across the globe including the Top 50 Asian Americans in Business by Asian American Business Development Center of New York and 100 Men Impacting Supplier Diversity by Minority Business News.

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