Management Manager

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E R IC HERTEL • 614-***-****

ER IC H ER TE L

Dublin, OH

w ww.linkedin.com/in/erichertel1

614-***-**** • **********@***.***

SUM MARY

Over 20 years of Fortune 1000 experience with hands-on management in finance, strategic

sourcing, and operations. Strategic member of executive teams that excelled in cost control,

operating efficiencies, and budget planning/analysis. Successful in creative problem solving

w ith highly developed negotiation skills and experience in cultivating working relationships at

a ll organizational levels.

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Vendor management Cost/benefit analysis

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Project management Budget and forecasting

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Continuous improvement In ternational expertise

PROFESSIONAL EXPER IENCE

Huntington Bank, Columbus, OH 2010 to 2014

VP, STRATEG IC SOURC ING OPERAT IONS D IRECTOR

Managed Strategic Sourcing Center of Excellence consisting of 5 internal colleagues and an

outsourced third party responsible for $200MM+ of indirect spend, RFP's, project

management, analytics/reporting, purchase order management, and sourcing of low r isk

t ransactions.

• Designed, built, and implemented the Strategic Sourcing reporting and metrics from

t he ground-up and gained bank-wide support from finance allowing for t ransparent

reporting of monthly save actuals and reforecasts.

• Appointed to bank-wide Strategy and Performance team as sourcing

representative/liaison providing valuable line-of-business relationships resulting in 15%

i ncrease of sourcing save opportunities.

• Delivered operations support/infrastructure that enabled Strategic Sourcing to exceed

annual corporate saves goal by 10% for 3 years (2010-2013).

• Implemented continuous improvement initiatives, increasing contract volumes by 21%

w hile decreasing cycle time by 6 days.

• Automated metr ics and reporting allowing for 40% increase in t racked key performance

i ndicators with no additional cycle time added.

JP Morgan Chase, Columbus, OH 1992 to 2010

VP, D ISTR IBUTED TECHNOLOGY SVCS, BUSINESS VENDOR MG M T (2008-2010)

Managed the global infrastructure sourcing portfolio in excess of $175MM annually.

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E R IC HERTEL • 614-***-****

• Negotiated critical multi-year volume purchase and software maintenance t ransactions

generating $18MM of savings.

• Implemented standardized "not to exceed" price books aligned to Fi rm's approved

s torage technology patterns for EMC, Hi tachi Data Systems, NetApp, Cisco, and Brocade

Communications.

• Developed storage analytics to facilitate strategic quarterly negotiations resulting in

annual savings of $16MM. Analytics included six-year cost per gigabyte t rending report,

p rice erosion analysis, Brocade vs. Cisco cost per port analysis, total annual storage

supplier revenues (six year t rending), supplier quarterly incentive/savings t rending, global

s torage market share within Fi rm by product, and standardized quarterly t ransaction

management reporting.

• Optimized technology supply chain by creating and implementing an end-to-end data

s torage delivery lifecycle process encompassing multiple disciplines resulting in a 30%

i mprovement on the delivery of infrastructure to the Lines of Business.

• Ut ilized financial/supplier expertise to become a liaison between the IT technical teams

and IT senior management ensuring full understanding of budget/accounting business

r isks and opportunities as well as vendor revenue recognition policies.

• Partnered with technology teams, fixed asset accounting, and finance to scrub existing

i nventories and drive out $6MM of maintenance spend and redeploy $3MM of existing

equipment.

VP, I N FRASTRUCTURE & OPERAT IONS BUSINESS MG MT D I RECTOR (2004-2007)

Managed global business operations, planning and analysis, forecasting, budgets, and supplier

performance for the distributed technology infrastructure encompassing over 40 data centers

t hroughout North America/EMEA/APAC.

• Successfully negotiated $5MM in financial penalties from key supplier related to global

customer outages.

• Managed Storage Platform Services budget to within 3% of forecast.

• Justified and secured $14MM of merger funding to enable storage resource

management tool deployments and comprehensive global tape remediation program.

• Assessed supplier save opportunities, developed sourcing strategies, negotiated and

i mplemented contractual terms, and managed supplier performance.

• Selected as steering commit tee member accountable for the re-engineering of policy

based data lifecycle management leading to 75% decrease in most expensive type of storage

assets ($25MM).

• Led Global Storage Metric team resulting in reduced r isk and improved infrastructure

delivery timelines. These metrics enabled storage team to run as a business vs. a

technology group.

V P, I T SUPPL IER MANAGEMENT D I RECTOR (2001-2004)

Provided strategic cost/benefit expertise through financial, operational and supplier

negotiation disciplines. Technical acumen in Mainframe Computing, Distributed Computing,

D isaster Recovery and Storage technologies.

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E R IC HERTEL • 614-***-****

• Provided expertise in storage negotiations resulting in $22MM in savings for 2003 (NIE

and cost avoidance)

• Created four-year ($286MM) total-cost-of-ownership model for in-sourcing the

mainframe environment allowing for a comprehensive cost/benefit analysis used by the

Board of Directors.

VP, I N FOR MAT ION TECHNOLOGY F I NANCE (1999-2001)

Provided financial management and leadership for the National Desktop Services Unit

encompassing an annual budget of $83MM, which was brought-in 10% under budget for the

year.

• Buil t financials from the ground-up for Web Hosting/DMZ environment allowing unit

costing for the first t ime.

• Responsible for financial relationship management for the outsourcing contract with

I BM encompassing $100MM/year spend. Created detailed reporting to enable accurate

forecasting within 3% variance to budget.

• Provided leadership role in large cross IT impact projects (state based conversions to

common operating platforms, data center consolidations, and internal disaster recovery).

T hese projects resulted in driving out $200MM of IT run rate expenses.

• Buil t the comprehensive data center cost case analysis that resulted in the successful

negotiation of an outsourcing agreement with IBM that was projected to save $93MM over

six years. Led the financial negotiations that contributed to approximately $9MM (10%) of

t he $93MM.

NAT IONAL P LANN ING AND ANALYSIS MGR, CORPORATE REAL ESTATE (1996-

1999)

Managed the capital ($100MM) and operating ($167MM) budgets for the for the east region

and was subsequently promoted to the National Planning and Analysis Manager. In the

National Planning and Analysis role I was accountable for an operational and capital budget

totaling $450MM encompassing over 2,000 facilities across the United States.

SOURC ING MANAGER, TECHNOLOGY SOURC ING (1994-1996)

AUD I TOR, ASSET BASED LEND I NG (1992-1994)

EDUCAT ION

The Ohio State University, Columbus OH

B.S.B.A., Finance

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