Wells Fargo named Priscilla Wallace head of supplier diversity. Wallace joined Wells Fargo last month and will report to Barb Kubicki-Hicks, chief procurement officer, with a dotted line to Kelley Cornish, head of diverse segments, representation and inclusion program management office and enterprise initiatives.
In her new role, Wallace 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, person with disability-owned and small business enterprises. Wallace will implement an integrated approach with strategic sourcing, procurement and the company’s lines of business to generate increased opportunities for certified diverse suppliers.
“Priscilla joins us at a crucial and transformational time for our brand,” Cornish said. “With her vast experience, she will focus on developing business strategies to ensure a diverse supplier base is represented that will ultimately promote innovation and provide a distinct competitive advantage for our business.”
Wallace has more than two decades of supply chain and diversity, equity and inclusion experience. She joined Wells Fargo from Foodbuy – Compass Group, where she was vice president of supplier diversity since 2016 and was responsible for accelerating supplier growth across the organization. Prior to joining Compass, Wallace served as vice president of corporate development and executive director for Charlotte Minority Economic Development Initiative. She also spent 13 years in supply chain and diversity leadership roles at the American Red Cross.
Wallace has received numerous accolades during her career. She was recognized in 2020 and 2018 as one of the Top 25 Diversity Women in Power by Diversity Plus and on the Top 50 Omni awards for multicultural businesses in 2018 and 2019.
