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ISM CEO Leads Worldwide Association of Supply Management Organizations

FOR RELEASE: March 18, 2008

Media Contacts:
ISM Public Relations
Jean McHale
(U.S. only) 800-888-6276, extension 3071
(International) (+1) 480-752-6276, extension 3071
jmchale@ism.ws



Paul Novak, C.P.M., A.P.P., begins two-year term as IFPSM president.

(TEMPE, Ariz.) March 18, 2008 — The top executive at Institute for Supply Management™ (ISM) is now top officer at the International Federation of Purchasing and Supply Management (IFPSM). Effective January 1, 2008, ISM CEO Paul Novak, C.P.M., A.P.P., began a two-year term as IFPSM president. IFPSM is a collective of 43 organizations representing national and regional purchasing associations around the world.

Novak is in his 20th year with ISM and was named CEO in 2000. In that time, he has led the Institute in several initiatives including broadening its focus from purchasing into supply management. Novak has served on the IFPSM board for 10 years and says the next two years will be a continuation of the IFPSM mission.

"The thrust of IFPSM's efforts will continue to be supporting the member organizations and helping them better serve their members," Novak says. "Within the IFPSM circle, we can reach approximately 200,000 professionals and facilitate the development and sharing of the practice of the profession."

Visit ISM on the Web at www.ism.ws. Visit IFPSM on the Web at www.ifpsm.org.

As the largest supply management institute in the world, the mission of Institute for Supply Management™ (ISM) is to lead supply management. By executing and extending its mission through education, research, standards of excellence, influence building and information dissemination — including the renowned monthly ISM Report On Business® — ISM continues to extend the global impact of supply management. ISM is proud to recognize professional excellence in supply management with awards such as the ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management and the J. Shipman Gold Medal Award. ISM's membership base includes more than 40,000 supply management professionals in 75 countries. Supply management professionals are responsible for trillions of dollars in the purchases of products and services annually. ISM is a member of the International Federation of Purchasing and Supply Management (IFPSM).





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