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    Paul Terragno

    Responsible for day to day oversight of NACo FSC including Public Promise Procurement and Public Promise Insurance with a focus on Business Development & Partnership Alliances

    Professional Background

    Paul Terragno is a seasoned business development professional and management expert, boasting over 25 years of comprehensive experience. His primary focus lies in C-Suite sales and relationship building within the Cooperative and G.P.O. sectors, public sector engagements including counties, cities, and states, as well as K-12 and higher education markets. Over his extensive career, Paul has successfully cultivated strong relationships with key stakeholders, enhancing operational efficacy and driving business growth across corporate markets.

    As a recognized influencer within the industry, Paul has spearheaded the development and negotiation of significant contracts worth over $2 billion. His extensive portfolio includes high-profile companies such as Amazon Business, Home Depot, Ricoh, Graybar, Advance Auto, Cintas, Oracle, Trane, and Garland. With an average contract value of around $75 million and typical contract terms extending to ten years, Paul's capacity for contract management reflects his skill and acumen in navigating complex business landscapes.

    Education and Achievements

    Paul pursued his studies at the University of Maryland, equipping him with the foundational knowledge and analytical skills necessary for a thriving career in business development. Throughout his professional journey, he has embodied the principles of integrity, honesty, and openness, which resonate deeply in his relationships and business dealings. Paul is not only recognized for his achievements but has also played pivotal roles in various organizations.

    Professional Roles and Responsibilities

    As the Chief Operating Officer and Managing Director at the NACo Financial Services Corporation, Public Promise Procurement, and Public Promise Insurance, Paul leads initiatives that promote financial accountability and procurement transparency across public entities. His strategic vision and execution have made a lasting impact on the organizations he serves.

    Prior to his current executive roles, Paul held the vital position of Vice President of Business Development and Contract Development at U.S. Communities/Omnia Partners, where he was responsible for aligning business strategies with operational demands, thereby streamlining contract development and fostering growth in municipal supply chains. In his earlier career, as a Product Manager at U.S. Communities, he contributed significantly to product development and client engagement initiatives that enhanced service delivery.

    Paul's career also includes a solid foundation in sales and management as demonstrated by his role as a National Account Manager at Office Depot BSD and as a Branch Manager at Enterprise Leasing. These positions have intricately shaped his understanding of customer needs and market dynamics, allowing him to approach challenges with a data-driven mindset, fostering a results-oriented culture wherever he has worked.

    Achievements

    • Established and nurtured C-Suite relationships influential in advancing organizational goals and driving significant revenue generation.
    • Successfully negotiated contracts valued at over $2 billion, with an astonishing average contract value of $75 million, reflecting his negotiation prowess and business foresight.
    • Enhanced profitability for organizations through a keen understanding of suppliers' needs and financial challenges, prioritizing cost-effective solutions that maintain quality and service delivery.
    • Recognized for leadership in public sector purchasing processes and cooperative market dynamics, illustrating expertise in navigating intricate procurement landscapes.
    • Actively participated as a board member and treasurer in various organizations, reflecting his commitment to community service and governance in public procurement initiatives.

    In summary, Paul Terragno is a dynamic and experienced leader whose impact on business development, procurement processes, and relationship management has established him as a formidable figure in his industry. His commitment to fostering cooperative buying opportunities and driving cost-effective solutions continues to be invaluable across various sectors, enhancing operational efficiencies and leading the way for organizational success.

    Related Questions

    How did Paul Terragno cultivate his expertise in business development over 25 years?
    What strategies did Paul implement to secure over $2 billion in contracts?
    In what ways has Paul contributed to the evolution of procurement processes in the public sector?
    How does Paul utilize his experience in cooperative environments to foster supplier relationships?
    What unique challenges does Paul encounter while negotiating contracts in the public sector?
    Paul Terragno
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    Location

    Washington DC-Baltimore Area