Timothy R. Fiore, who has served as the chair of the Institute for Supply Management’s (ISM) manufacturing PMI panel since 2017, is retiring. Fiore will be succeeded by Jeffrey P. Wincel.
Effective in March 2025, Wincel will assume oversight of the Manufacturing ISM Report On Business, writing the monthly report and speaking on behalf of the companies that comprise the ISM manufacturing PMI panel.
Fiore has led the ISM manufacturing PMI through some of the most transformative and challenging periods in recent economic history, including the unprecedented global supply chain disruptions caused by the coronavirus pandemic. Under his expert stewardship, the manufacturing PMI has provided interpretations of the U.S. economy’s health. 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.
Fiore’s passion and insight have elevated the ISM manufacturing PMI, and he has been instrumental in enriching the breadth and depth of our data. Fiore’s commitment to education and mentorship has also been remarkable. As a frequent university guest lecturer and webinar speaker, he inspired the next generation of leaders to appreciate the importance of ISM’s work and its incredible data. Through his clear thinking and willingness to help, Fiore has touched countless lives through his analysis of ISM’s economic data and his insight.
Wincel, a distinguished international purchasing executive and industry leader, is a published author of six books, including Lean Supply Chain Management and People, Process and Culture. Recognized as a “Pro to Know” by Supply & Demand Chain Executive Magazine multiple times, Wincel recently retired as senior vice president and CPO at NXP Semiconductors. He previously held leadership roles at AMD, ON Semiconductor and Honeywell Aerospace, among others, and served as a faculty associate at Arizona State University’s W.P. Carey School of Business. Wincel holds advanced degrees from Michigan State University, Loyola University Chicago and the Graduate Theological Foundation.
Wincel is also a frequent contributor to professional publications and industry events. His experience includes restructuring and leading global procurement, supply chain and facility management teams, assisting companies in optimizing their procurement organizational performance, managing outsourced manufacturing and services and automating manufacturing operations.

