Teresa LeFevre

Fifth Third Bank

Vice President, Supplier Engagement Director

Teresa LeFevre leads the Supplier Engagement program for Fifth Third Bank in Detroit, MI, focusing on strategy, tracking results, and increasing awareness while accelerating growth for small and emerging businesses through capital access and procurement inclusion. In this role, Teresa is responsible for developing and connecting small and emerging businesses to enterprise growth opportunities and integrates supplier engagement into sustainable community initiatives. She also represents the company in various advocacy organizations on both a local and national level.   

Prior to joining Fifth Third, Teresa served as Comerica Bank’s Supplier Diversity Manager, where she set strategy, connected suppliers to procurement opportunities, created supplier development experiences, and led the Supplier Diversity Advisory Committee. She enhanced the program’s impact through tier 2 supplier efforts and managed sustainability initiatives related to procurement. 

Teresa’s career also includes several purchasing and supplier diversity management roles in the automotive industry, including Ford Motor Company and Federal Mogul Corporation. In these roles she managed global teams and commodity strategies, led cost savings projects, conducted supplier diversity training and represented the companies in multiple diversity advocacy organizations. 

Teresa holds an MBA from the University of Michigan with an emphasis on strategic planning and organizational behavior, and a Bachelor of Science in Business Administration from Wayne State University. Teresa is a Certified Professional in Supplier Diversity since 2011 and has received multiple recognitions including awards from the Michigan Minority Supplier Development Council and Great Lakes Women’s Business Council.  

Teresa currently serves on the boards of directors for the Ohio Minority Supplier Development Council, the Women’s Business Enterprise Council-Ohio River Valley, Financial Services Roundtable for Supplier Diversity, the Council of Supplier Diversity Professionals, and the Dominican Literacy Center. 

Teresa resides in Grosse Pointe Woods, Michigan with her husband and two children.