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Steve Stutman
Vice President, Enterprise Procurement - Technology & Software Global Category Leader
Professional Background
Steve Stutman is a highly accomplished cross-functional leader with a wealth of experience in global procurement, accounting, and finance. His extensive career spans several high-profile positions, primarily within prestigious organizations such as Comcast and NBCUniversal. As a recognized subject matter expert, Steve has made significant contributions to IT enterprise procurement, especially in managing and supporting comprehensive strategies for the Software Category, accounting for an impressive $1B annually in company expenditures. Over the years, he has exhibited exceptional leadership qualities and a strong ability to foster collaboration among teams, ensuring the effective management of resources and strategic initiatives.
In his most recent role as Vice President and Software Global Category Leader of Enterprise Procurement at Comcast, Steve demonstrated his expertise in overseeing major programs related to ERP systems, cloud solutions, and data center management. He plays a pivotal role in systems implementations and company integrations, positioning himself as a trusted advisor to various technology platforms. Steve's ability to negotiate effectively and hedge risks has empowered stakeholders to successfully drive their most critical business initiatives.
Throughout his tenure at Comcast, Steve has helmed significant licensing deals, further establishing his reputation as a skilled negotiator and strategist. His background in finance also complements his procurement skills, enabling him to address complex financial considerations that impact the organization directly.
Education and Achievements
Steve's academic journey began at Amherst College, where he pursued a Bachelor of Arts in Economics, laying a strong foundation in analytical and economic principles. He further enhanced his expertise by acquiring a Master of Science in Accountancy from Bentley University, which equipped him with advanced knowledge and skills in accounting principles and practices.
Steve's educational background, combined with his abundant practical experience, has led to notable achievements in his career. He has been influential in managing large-scale projects and has a proven track record in risk management, vendor relations, and resource allocation. His strategic mindset has aided in optimizing procurement processes, yielding substantial savings, and enhancing operational efficiencies within the companies he has served.
Career Journey
With a career that began with a strong financial foundation, Steve has held numerous leadership positions, each adding a unique layer to his professional experience. He commenced his career as an Audit Manager at KPMG US, where he honed his accounting skills before transitioning into positions of greater responsibility at various high-profile organizations.
Following his tenure at KPMG, Steve advanced to become the Controller at Avery Dennison, where he was instrumental in managing financial reporting and operations for the Tag & Label Division. His role at GMAC Home Services as Controller for Company-Owned Real Estate further solidified his expertise in financial management and compliance, before he moved on to critically assess and implement systems at Comcast. At Belmont Holdings Corporation, he served as Controller, where he developed budgeting and forecasting methodologies that underscored fiscal responsibility.
At Comcast, Steve experienced vertical growth through various strategic roles, ultimately serving as the Senior Director of Strategic Procurement and later as the Executive Director of Enterprise Procurement. His formidable reputation was established through his contributions to large-scale procurement strategies and fostering partnerships that drive business value.
Achievements
Steve Stutman’s career is marked by numerous achievements that showcase his effectiveness and dedication to the procurement and financial sectors. His strategic leadership has influenced millions in company expenditures, with a deep understanding of the software and IT landscape. Through his initiative in negotiating the largest licensing agreements at Comcast, he has been directly responsible for generating significant savings and optimizing resources for the company.
Moreover, Steve has successfully navigated intricate vendor relations, which exemplifies his adeptness in fostering beneficial partnerships that propel business initiatives. His commitment to excellence and innovation in procurement practices has not only advanced the goals of Comcast but also set benchmarks in the industry for operational efficiency and negotiation prowess.
In conclusion, Steve Stutman stands as a prominent figure in the realms of procurement and finance, brought forth by his vast experience and profound knowledge in the field. His commitment to excellence and continuous improvement makes him a valuable asset to any organization, focusing on advancing strategic initiatives and fostering collaborative relationships that yield powerful results. With a profound understanding of how strategic procurement contributes to the overall corporate objectives, Steve continues to redefine industry standards and drive positive change in his field.
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