Mark Hummel
About Mark Hummel
Mark Hummel is the Sr. Director of Supplier Risk Management at Ally Financial Inc., with extensive experience in supply chain management and strategic sourcing.
Current Position at Ally Financial Inc.
Mark Hummel serves as the Senior Director of Supplier Risk Management at Ally Financial Inc. in Charlotte, NC. Since 2011, he has been responsible for overseeing the supplier risk management strategies for Ally Supply Chain. His role includes developing and implementing methodologies that align with regulatory guidelines set by the FDIC, Federal Reserve Board, and OCC. Additionally, Hummel creates corporate policies, procedures, tools, and templates aimed at optimizing supplier risk management processes.
Previous Role at Premier, Inc.
From 2009 to 2011, Hummel worked as the Director of Pharmacy Contracting at Premier, Inc. in Charlotte, NC. In this position, he managed pharmacy contracting strategies, ensuring the efficient procurement and sourcing of pharmaceutical products and services. His role involved negotiating contracts and fostering relationships with key suppliers to support Premier, Inc.'s operational needs.
Experience at Wells Fargo
Between 2005 and 2009, Mark Hummel was the Senior Vice President of Supply Chain Management at Wells Fargo in Charlotte, North Carolina. He managed the supply chain operations, focusing on strategic sourcing and procurement processes. His responsibilities included enhancing supply chain efficiency and reducing operational risks through effective supplier management and contract negotiations.
Career at JPMorgan Chase
From 1996 to 2005, Hummel held the role of Senior Vice President and Managing Director of Strategic Sourcing at JPMorgan Chase in Columbus, Ohio. He led the strategic sourcing initiatives, focusing on optimizing procurement strategies and supplier relationships. His work contributed to the effective management of supply chain risks and ensured compliance with organizational standards.
Educational Background
Mark Hummel graduated from Hofstra University with a Bachelor of Business Administration (BBA) in Marketing. He studied from 1981 to 1985. His education provided a foundation in business principles and marketing strategies, which have been instrumental in his career in supply chain and risk management.