Thomas W. Derry is chief executive officer of the Institute for Supply Management (ISM) in Tempe, Arizona. ISM is a not-for-profit organization with more than 45,000 members worldwide. ISM delivers market intelligence, certification, training, and professional development to the global market of procurement and supply chain management professionals.
ISM is best known as the inventor and publisher of the PMI® index as part of its monthly Report On Business®. The manufacturing PMI® and the NMI® for the services sector are closely followed by governments and in capital markets as a leading indicator of global economic conditions.
Mr. Derry is chairman and president of ISM Services, the for-profit consulting arm of ISM, a member of the Dean’s Council for the W. P. Carey School of Business at Arizona State University, and is a member of the board of directors of the Society for Human Resource Management (SHRM). Mr. Derry holds a Bachelor of Science degree in foreign relations from Georgetown University.