FOR RELEASE: April 3, 2006
ISM Public Relations
800/888-6276, ext. 3143
CAPS: Center for Strategic Supply Research
D. Steven Wade
480/752-6276, extension 3060
TEMPE, Ariz., April 3, 2006 — CAPS: Center for Strategic Supply Research, a global organization that conducts leading-edge research on purchasing, sourcing and supply chain management, has named Newmont Mining Corporation Chairman and Chief Executive Officer Wayne W. Murdy as recipient of its 2006 Chief Executive of the Year Award. Murdy accepted the Kachina Award at CAPS's 17th Annual International Executive Roundtable on April 3, 2006 in Phoenix, Arizona.
Created in 2004, the Chief Executive Officer of the Year Award is presented annually by the CAPS Board of Trustees to a CEO in recognition of leadership and performance in demonstrating the importance of the supply management structure within the organization. The CAPS award is named for the Kachina, a Hopi Indian term meaning "spirit being." Kachina dolls, like the human Kachina dancer, are visual representations of the invisible spirits that assist on the rigors of life.
Murdy joined Newmont in 1992. He was elected Chief Executive Officer in 2001 and Chairman of the Board in 2002. Murdy maintains a highly visible role at the world's top gold producer, steering a course of continual improvement of all aspects of the business of exploration, development and mining. The Denver-based company has mine sites on five continents.
Murdy has leveraged the boundary-spanning role of the supply management function in the organization to deliver agile solutions to hot button issues such as demonstrating commitment to the environment and assessing health issues in local communities. One example of this stewardship has been a partnership between Newmont and the University of Colorado School of Medicine to document Ghanaian and Peruvian villagers' health before Newmont opens three gold mines in those countries. The company operates healthcare clinics around its mines and actively works to integrate concepts of biodiversity into all aspects of the life-cycle of its mining operations.
CAPS: Center for Strategic Supply Research www.capsresearch.org
CAPS: Center for Strategic Supply Research is a non-profit, independent research organization co-sponsored by Institute for Supply Management (ISM) (www.ism.ws) and Arizona State University W.P. Carey School of Business. Over the years, CAPS has contributed competitive advantage to organizations by delivering leading-edge research globally to support continuous change and breakthrough performance improvement in strategic sourcing and supply. In support of its stakeholders, CAPS has transformed itself to provide timelier and more responsive, high-quality supply chain research and programs for business leaders. These activities help leaders assess, analyze and share knowledge that premier supply chain organizations recognize as critical components to success.