Michael Faraci Email & Phone Number

Winston-Salem, NC

• Senior Leader responsible for supply chain contracts within the six Strategic Business Units of Collins Aerospace (~10B in total spend) that encompasses a global cross functional organization of 50+ contracts.
• Supply Chain Contracts focal on multiple M&A integration teams that baselined organizational best practices, developed applicable policy and procedure manuals, and implemented global training plans.
• Developed and implemented a streamlined process for drafting and negotiating supply chain contract documents resulting in a substantial contract coverage increase across multiple commodities and international business.
• Responsible for independently drafting a wide range of contractual documents including Long Term Agreements, Pricing Agreements, Joint Development Agreements, Engineering Service Agreements and VMI/3PL Agreements.
• Strategic member of the Supply Chain Counsel, International Contracts Counsel, Supplier Risk Management Counsel and advisor to Collins Aerospace executives on numerous legal, contractual and integration issues.
• Centralized a contract management review and approval process resulting in improved legal and commercial terms and quicker internal approval times.

Charlotte, NC

• Promoted to senior leadership role responsible for leading the multi-billion dollar UTAS Supply Chain contract and compliance organization with core responsibilities of contract negotiation, development of contract.
• Independently lead high value ($10M - $100M) contract negotiation teams that consistently result in reduced legal risk and increased savings.
• Develop and manage a team of global contract managers and specialists that have successfully negotiated hundreds of Long Term Agreements resulting improved year-over-year contractual spend coverage.
• Create and facilitate multiple improvement processes/tools to drive efficiency across the Supply Chain organization.

Windsor Locks, CT

• Consistently achieved SBU risk and financial objectives through negotiation of customer contract terms, conditions and business decisions on a numerous multi-million dollar contracts. Independently drafted contractual.
• Supervised the administration of OEM production and development contracts resulting in profitable projects that consistently meet the business unit financial plan.
• Employed sound business judgment and risk analysis in advising business unit on all contract and business issues including FAR, DFAR, UCC, ITAR and other federal regulations.

Windsor, CT

• Responsible for a wide range of legal matters including administering all commercial contracts and ensuring company compliance with the same. Highlights include:
• Collaboratively working with executive officers and sales staff on numerous project bid submissions which resulted in successful project awards, some with values exceeding $100 million dollars.
• Responsible for drafting and negotiating multi-million dollar commercial contracts and subcontracts, many of which involved international contractors and federal agencies.
• Conducting strategic analysis of all potential company contracts and advised internal teams on the key risk areas and effective negotiation tactics to mitigate such risks.

- Practice primarily focused on commercial contracts including commercial real estate transactions, leasing, development, land use and real estate litigation matters. - Responsible for the leasing for various local and national developers and commercial property owners. Such leasing representation includes all aspects of office, industrial, retail.

Education record

Education record