Michael Oboyle

About Michael Oboyle

I have a proven track record of delivering results, have strong leadership capabilities and have a passion for maximizing value. I possess strong networking and negotiations skills and a proven ability to provide complex business solutions. I have also been instrumental in developing and implementing Key’s Third Party strategies which include: expense reduction, revenue creation, risk management, supplier cross sell, diversity and inclusion, and supplier relationship management- Architected and executed third party payment strategy for the Enterprise Payment Optimization Project (EPOP) that led to $200MM+ in expense reduction and value creation for Community and Corporate Bank; the single largest savings/value project in Key’s Procurement history and recipient of the 2017 Chairman Award - Delivered $300MM+ of third party savings on First Niagara (FNFG) integration - Led Procurement Wave Strategy in 2017 that identified $65MM in incremental savings and value post FNFG integration; assembled a cross functional team that reviewed and executed on eight categories of spend at Key that increased in volume from the Bank merger- Led Procurement efforts on the Hello Wallet integration team in 2017; a major strategic initiative for Key’s Community Bank and part of financial wellness strategy; detailed and working knowledge of M&A process both buying and selling- Managed teams that have delivered enterprise savings of ~$800MM since 2009; strong management skills and ability to inspire and drive results; expert level knowledge of the end to end Procurement strategic process- Possess strong category and banking product knowledge including: payments, lending, channel, digital, wealth, insurance, mortgage, and bank operations; part of Procurement management team that achieved a 93% employee engagement score in 2017, outperforming the US Financial Services norm by 7 points

Experience

1. SVP and Chief Procurement Officer

   Hancock Whitney

   Sep 2021 — Present · New Orleans, LA, US

   High energy, Global Sourcing and Supply Chain leader- Built a centralized and strategic Procurement at the Bank including 20FTE onshore and 10 FTE offshore- Have delivered $30MM of cost take out and value creation and $350k of fee income since inception- Ideated, launched, and currently manage BPO/ITO model at the Bank; a transformational effort adding compounding value each day- Built and manage a supplier relationship management framework for a handful of the Banks largest vendor partners; unlocking 20-30% additional value - Sit on several committees for the Bank as a voting member including risk, tech prioritization, and regular interactions with regulators

Education

• Cleveland State University

  MBA, Finance

  2002 — 2007

• St. Edward High School

  College Preparatory, College/University Preparatory and Advanced High School/Secondary Diploma Program

  1989 — 1993

• Bowling Green State University

  Bachelor of Arts (B.A.)

  1993 — 1997