Tony F.
About Tony F.
Tony F. serves as the Chief Procurement Officer at AXIS Capital, where he has worked since 2013, bringing extensive experience in procurement and strategic sourcing from various leadership roles in the healthcare and financial sectors.
Work at Axis Capital
Tony F. has served as the Chief Procurement Officer at Axis Capital since 2013. In this role, he oversees the procurement functions for a specialty property and casualty insurance firm, managing an annual global spend of $300 million. His responsibilities include building and leading category management teams across various sectors, including IT and telecommunications. Under his leadership, the procurement department has implemented technologies that enhance e-Sourcing and supplier performance measurement.
Previous Experience in Procurement and Sourcing
Before joining Axis Capital, Tony F. held several significant positions in procurement and sourcing. He worked at Anthem, Inc. in various roles, including Director of Strategic Procurement Initiatives and Staff Vice President of Strategic Sourcing. He managed $2 billion in services spend for a healthcare insurer and led procurement functions during mergers and acquisitions. Additionally, he served as Vice President of Strategic Sourcing at Union Bank for a brief period and as Executive Vice President at HfS Research, focusing on sourcing and governance strategies.
Educational Background
Tony F. holds a Bachelor of Arts degree in Organizational Communication from Pepperdine University, where he studied from 1991 to 1995. He furthered his education with a Master of Arts in Communication Management from the University of Southern California, completing his studies in 1996. His academic background supports his expertise in procurement and strategic sourcing.
Achievements in Procurement Strategy
Throughout his career, Tony F. has been recognized for his contributions to procurement strategy and efficiency. He established a third-party risk management program that complies with various regulatory mandates. He also implemented a global supplier diversity program and a supplier code of conduct aligned with corporate social responsibility goals. His initiatives have led to significant cost reductions, including a $3 million savings through renegotiated travel agreements.
Leadership in Category Management
Tony F. has extensive experience in leading category management teams across diverse categories. He has hired and trained teams in IT, marketing, outsourcing, and telecommunications. His leadership has been instrumental in defining business process outsourcing strategies and managing teams focused on supplier quality, particularly during his tenure at Anthem, Inc.