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GMAC® Gives and Receives Awards at NBMBAA Annual Meeting

The theme of the annual National Black MBA Association (NBMBAA) meeting held September 23–28, 2003, in Philadelphia, Pennsylvania, was “Changing the Course of Your Future.” At the meeting, GMAC® was presented with an award for having changed the future of NBMBAA for the better. GMAC® also presented a scholarship award to a worthy MBA student, in the hopes of supporting his future success. Representing GMAC® at the conference were Steve Lewis of the GMAC® Board of Directors, Andrea Fetsick, associate director of Web development, and Camille Leverett, associate director of council relations. Karen Johns, executive director of the Diversity Pipeline Alliance®, a nonprofit sponsored by GMAC®, also attended.

GMAC® received the NBMBAA Outstanding Educational Institution of the Year Award for its longstanding support of the NBMBAA and its commitment to cultivating diversity in graduate management education. Lewis, director of strategic planning at Ford Motor Company, accepted the award on behalf of GMAC®.

Nicole M. Chestang, GMAC® chief operating officer, notes of the award, “GMAC® and the National Black MBA Association have shared a successful partnership for close to 20 years, working together to increase the representation of African Americans in graduate management education and careers in business. We are honored that the NBMBAA and its members feel that our efforts have had a positive impact.”

For the past two years, GMAC® has been a sponsor of the NBMBAA MBA scholarship program, which awards merit-based scholarships to first- and second-year MBA students. This year, GMAC® sponsored a scholarship in honor of Norman Eugene Wallace, an African American MBA student at Case Western University’s Weatherhead School of Management who was slain May 9, 2003, when a gunman took him and others at the school hostage. Wallace had brought to his MBA program valuable experience as a portfolio manager, a day trader, and managing partner of a food distribution company. He had also served as president of Weatherhead’s black MBA student association. Inspired by his legacy, GMAC® decided to make the award in his name.

“It is in celebration and honor of this extraordinary man that the Graduate Management Admission Council® established the Norman Eugene Wallace Award,” said Leverett as she presented the scholarship award to Sherman Maurice Curry, an MBA student at Florida A&M University.

Leverett said that Curry was selected to receive the award because of his “commitment to academic and professional excellence, leadership, and community service.” Curry, who is concentrating in finance, won two Deloitte and Touche team case study competitions and received the Florida Student of the Year award in 2002. He will graduate from Florida A&M in 2004.

Graduate Management Admission Council®, GMAC®, and Diversity Pipeline Alliance® are registered trademarks of the Graduate Management Admission Council®. All rights reserved.
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