The National Minority Supplier Development Council (NMSDC) is excited to announce the launch of its 50th anniversary steering committee.
Since our beginnings 50 years ago, NMSDC has had an enormous impact with over $396 billion
in annual economic activity driven through certified minority business enterprises (MBEs), 1.75
million U.S. jobs supported directly and indirectly by certified MBEs, and $122 billion in wages
earned through MBE-supported jobs annually.
While this year is a great opportunity to reflect on and celebrate the strides made to increase the economic success of MBEs, we know it is not enough. It is vital we look forward and take the bold
steps needed to further our mission and achieve our goal of closing the racial wealth gap once
and for all.
That is why we are launching the NMSDC 50th anniversary steering committee, which will:
Provide strategic thought leadership and vision to NMSDC in growing MBEs and driving
racial economic equity for the next 50 years.
Advocate and advise on solutions to reach $1 trillion in certified MBE annual revenue.
Provide guidance on NMSDC’s 50th anniversary activities that include but are not limited
o Organizational transformation.
o Certification modernization.
o Technology leadership.
o Public policy.
o Programming and events.
Champion efforts to tap into new resources and advance economic equity together.
This committee is comprised of visionary MBE giants and role models from every ethnic group
NMSDC represents, who have proven success in growing and maintaining significant annual
revenues, many in excess of $1 billion:
Earvin “Magic” Johnson, founder of Magic Johnson Enterprises and SodexoMagic (cochair)
Dave Steward, founder and chairman of World Wide Technology (co-chair)
Janice Bryant Howroyd, CEO and founder of the ActOne Group, AgileOne Solutions,
and Apple One Staffing
Catherine Hughes, chairperson of Urban1
Firoz Lalji, chairman and CEO of Zones, LLC
Christine Liang, president and CEO of ASI
Jose Mas, CEO of MasTec
John W. Rogers, Jr., chairman, co-CEO and chief investment officer of Ariel Investments
Twila True, co-founder, CEO and president of True Investments
Honorary committee members include two trailblazers and history makers in minority business
Jim H. Lowry, CEO and founder of James H. Lowry Associates
Harriet Michel, former CEO and president of NMSDC
“We know we have not moved the needle enough toward social economic parity for all,” said CEO
and president of NMSDC, Ying McGuire. “Fortunately, I believe the wisdom and leadership
contained within this committee will set NMSDC on the right path to accomplishing this goal.”
“As a minority business owner, I’m very passionate about creating equal opportunity for others
like me. This committee is an important step forward for leveling the playing field and providing
everyone an equal shot to achieve their business goals and financial success,” said co-chair
Earvin “Magic” Johnson.
“Great things happen when individuals from diverse backgrounds come together to build
something transformational. This steering committee is an example of that and will build NMSDC
into the organization it needs to be to rapidly accelerate MBE growth over the next 50 years and
create long-lasting wealth and prosperity for all the communities it serves," added co-chair Dave