The Institute for Supply Management announced the retirement of Timothy Fiore from his position as Chair of ISM’s Manufacturing PMI Panel.

Jeffrey Wincel will succeed Fiore, effective in March. The institute said Fiore has led ISM Manufacturing PMI through key moments in recent economic history, including the global supply chain disruption triggered by COVID-19.
In the Store: MDM’s 2024 Annual Economic Outlook Report (free for Premium)
“Under his expert stewardship, the Manufacturing PMI has remained a beacon of insight, providing critical and trusted interpretations of the U.S. economy’s health,” ISM said in a Jan. 21 news release. “Fiore’s deep expertise, steady leadership, and unparalleled ability to navigate complexity have solidified the PMI as one of the most widely respected and closely followed economic indicators in the world, earning him admiration and respect across industries and economic circles.”

Manufacturing PMI Rises to 9-Month High, Tops Expectations (Jan. 3)
Wincel will take over responsibility for the Manufacturing ISM Report on Business, writing the monthly report and representing the companies on the ISM panel. Most recently, he retired as SVP and CPO at NXP Semiconductors, and has held leadership roles at AMD, ON Semiconductor and Honeywell Aerospace.
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