Wells Fargo & Company (NYSE: WFC) announced that Ronald Tate Jr. has been named head of supplier diversity and supply chain sustainability for the company. Tate joined Wells Fargo last month and will report to Barb Kubicki-Hicks, chief procurement officer.

Ron Tate, Wells Fargo

In this role, Tate leads a team of supplier diversity professionals to build relationships within the communities Wells Fargo serves through the development, inclusion, and utilization of certified minority, women, LGBTQ, veteran, disability-owned, and small business enterprises. Tate will implement an integrated approach with strategic sourcing, procurement, and the company’s lines of business to generate increased opportunities for certified diverse suppliers, working closely with the Diverse Segments, Representation and Inclusion team.

“Our work in Supplier Diversity and Supply Chain Sustainability continues to be very important to us,” said Kubicki-Hicks. “Ron’s depth of professional experience and community involvement will help us and our suppliers fulfil our supply chain needs.”

Tate brings a wealth of experience, joining Wells Fargo from Honeywell International where he led Strategic Sourcing for Global Real Estate & Facilities. He managed a team responsible for Sourcing and Supplier Management functions supporting Honeywell operations in 70 countries. His career includes Supply Chain leadership roles at multinational corporations including Bank of America, AIG, Delta Air Lines and Procter & Gamble. He is passionate about Supplier Development and has led the implementation of several highly effective Supplier Diversity and Supply Chain Sustainability Programs in the Banking Industry.

For more than 30 years, Wells Fargo’s supplier diversity program has served as a key part of the company’s commitment to diversity, equity, and inclusion (DE&I). Wells Fargo works to establish relationships with diverse suppliers who better reflect the customers and communities it serves.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.

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