Tom Fourmas
Senior Vice President and Director of Procurement Legal Services at KeyBank National Association
- Role
- Senior Vice President and Director of Procurement Legal Services at KeyBank
- Location
- Cleveland, OH, US
- LinkedIn followers
- 500 followers
About Tom Fourmas
Manager of the Procurement Legal Team. Set goals for the team, manage day to day operations of the team and evaluate the team’s talent during mid year and end of year performance reviews. Report directly to the Chief Procurement Officer and a member of the Procurement Leadership Team. As a working manager, negotiate, draft and review commercial contracts for the acquisition of goods and services for KeyBank and its subsidiaries. Areas of experience include: computer hardware, software licensing, application services, global outsourcing, cloud computing, AI, aircraft sale/acquisition, non-disclosure agreements, leasing and consulting agreements. Work closely with multiple KeyBank line of businesses and senior executives to ensure that business needs and regulatory requirements are properly integrated into contracts. Administrate all signing authority resolutions and policies for the Chief Procurement Officer as well as support KeyBank’s global sourcing initiatives. Experience in the financial services industry in regards to the procurement process, customer/consumer privacy issues and the regulatory environment concerning third party vendor management.
Experience
Senior Vice President and Director of Procurement Legal Services
Jan 1999 — Present · Cleveland, OH, US
Negotiate, draft and review contracts for KeyBank. Contracts involve the acquisition of goods and services for KeyBank and its subsidiaries throughout the United States. Counsel internal lines of businesses on contractual rights concerning procured products or services. Concentration on contracts involving computer hardware, software licenses, SaaS hosting agreements, e-commerce agreements, internet access agreements, aircraft purchase/sale agreements, health care agreements (emphasis on HIPAA regulations) and professional consulting agreements. Experience in the financial services industry in regards to the procurement process, customer/consumer privacy issues and the regulatory environment concerning third party vendor management.
Education
Baldwin Wallace University
B.A. Magna Cum Laude, Double Major: Political Science & History
1986 — 1990
Cleveland-Marshall College of Law
Juris Doctorate
1994 — 1997
Cleveland State University
M.A., History
1990 — 1991
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