Billion Dollar Roundtable Inducts Comcast NBCUniversal
August 19 2015 - 10:00AM
Business Wire
Membership Recognizes Global Media and
Technology Company’s Commitment to Supplier Diversity
The Billion Dollar Roundtable Inc. (BDR), a top-level corporate
advocacy organization that promotes supply chain diversity
excellence, announced today that it recently inducted Comcast
NBCUniversal as its newest member during the annual BDR summit in
Dallas.
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The global media and technology company joins 20 other
U.S.-based corporations in an exclusive group of companies that
have attained $1 billion or more in annual Tier I supply-chain
diversity spend. Comcast NBCUniversal joins the BDR as its 21st
corporate member and is the first media and technology company to
be inducted.
“Comcast NBCUniversal is an accomplished and innovative leader
in supplier diversity with an impressive record of advancing
supply-chain opportunities for diverse businesses. We welcome the
ideas Comcast NBCUniversal will bring to the Billion Dollar
Roundtable to support our mission to drive supplier diversity
excellence through best practice sharing and thought leadership.
Comcast NBCUniversal presents a great example of why supplier
diversity is a vital business imperative for top-performing
companies,” said BDR Chairman Rick Hughes.
Comcast NBCUniversal’s supplier diversity program is designed to
promote, increase, and improve the participation of diverse
businesses within its corporate supply chain. In 2014, 17 percent
of Comcast NBCUniversal’s total applicable procurement spend was
with diverse suppliers.
“We are beyond thrilled to become part of the Billion Dollar
Roundtable,” said Peter Kiriacoulacos, Chief Procurement Officer of
Comcast NBCUniversal. “Diversity in our supply chain is integral to
the continued success of our Comcast NBCUniversal family of
companies. We spent more than $5 billion with diverse vendors
between 2011 and 2014, and our commitment to diverse vendors will
be further strengthened by our membership in the Billion Dollar
Roundtable. We look forward to learning and sharing best practices
with other corporations that share in our commitment to diversity
and inclusion.”
The Billion Dollar Roundtable honored Comcast NBCUniversal at a
formal induction ceremony August 18 during the Dallas summit. BDR
summits convene thought leaders, procurement executives and other
stakeholders to offer critical reviews of current approaches to
supplier diversity and devise solutions to foster new
opportunities.
“The theme of our Dallas Summit is Collaboration, Connectivity
and Digitization, examining how supplier diversity can benefit in
an era of flourishing technologies and digital platforms. These are
areas that Comcast NBCUniversal knows very well. The BDR welcomes
Comcast NBCUniversal to the summit as our newest member,” said
Sharon Patterson, BDR co-founder, president and CEO.
In addition to Comcast NBCUniversal, BDR member companies are
AT&T Inc., Avis Budget Group, Bank of America, The Boeing Co.,
Chrysler Group LLC., Dell Inc., Ford Motor Corp., General Motors
Corp., Honda North America, IBM Corp., Johnson Controls Inc.,
Johnson & Johnson, Kaiser-Permanente, The Kroger Co., Lockheed
Martin Corp., Microsoft Corp., Procter & Gamble Co., Toyota
Motor North America Inc., Verizon Communications Inc. and Wal-Mart
Stores Inc.
ABOUT THE BILLION DOLLAR ROUNDTABLE
The Billion Dollar Roundtable Inc. was created in 2001 to
recognize and celebrate corporations that achieve spending of $1
billion or more with diverse suppliers, including minority- and
woman-owned companies. The BDR promotes and shares best practices
in supply chain diversity excellence through summits, collaboration
with other organizations and the production of policy papers. BDR
member companies review and discuss issues, opportunities and
strategies related to supplier diversity as a way to advance
opportunities for corporations and diverse suppliers. The BDR
encourages corporate entities to continue growing their supplier
diversity programs by increasing commitment and spending levels
each year. For more information, go to
billiondollarrountable.org.
ABOUT COMCAST CORPORATION
Comcast Corporation (Nasdaq:CMCSA,CMCSK) is a global media and
technology company with two primary businesses, Comcast Cable and
NBCUniversal. Comcast Cable is one of the nation's largest video,
high-speed Internet and phone provider to residential customers
under the XFINITY brand and also provides these services to
businesses. NBCUniversal operates news, entertainment and sports
cable networks, the NBC and Telemundo broadcast networks,
television production operations, television station groups,
Universal Pictures and Universal Parks and Resorts. Visit
www.comcastcorporation.com for more information.
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version on businesswire.com: http://www.businesswire.com/news/home/20150819005707/en/
Media:Billion Dollar Roundtable Inc.Sharon Patterson,
773-770-8725President and CEOSharonpatterson@bdrusa.orgorComcast
CorporationJohn Demming, 215-286-8011John_Demming@Comcast.com
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