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A MESSAGE FROM NBMBAA® BOARD OF DIRECTORS

A MESSAGE FROM NBMBAA<sup>®</sup> BOARD OF DIRECTORS

National Black MBA Association® Board of Directors appointed Bruce Thompson as interim President and CEO.

National Black MBA Association Board of Directors today announced the resignation of Kay Wallace as NBMBAA President and CEO.

“We thank Kay Wallace for her service to the Association and her thought leadership,” said Donald Comer, NBMBAA® Board Chairman.

“While an active search for the new chief executive is underway, we have appointed Bruce Thompson as Interim President and CEO, effective immediately,” Comer added. Bruce brings extensive corporate experience, primarily in the area of finance. He has over 30 years of wide-ranging, high-impact business and not-for-profit leadership experience. He most recently served as Chief Separation Officer at Arconic Inc., formerly Alcoa, and led the highly successful separation of a $14 billion company into 2 successful independent businesses.

Bruce will guide the Association’s strategic and operational direction. He will be working closely with chapter leadership and Association staff to collaborate on organizational priorities and discuss next steps. The board of directors is committed to working closely with Bruce, chapter leadership and Association staff to collaborate on organizational priorities and next steps. Thompson will remain until a new President and CEO is in place to help with the new leadership transition.

NBMBAA® is a non-profit, 501(c)(3) professional member-based organization which leads in the creation of educational, wealth building and growth opportunities for black professionals. Representing more than 20,000 members within 39 professional chapters, 33 Leaders of Tomorrow® chapters and over 280 corporate and university partners, the organization is dedicated to developing partnerships that create intellectual and economic wealth in the Black community through its five channels of engagement: career, education, entrepreneurship, leadership, and lifestyle.

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