Marianne Cunningham Email and Phone Number

Responsible for leading treasury operations, including the management of Wayne State University’s endowment investment portfolio, operating investment portfolio, cash management activities, and debt portfolio. Also responsible for maintaining appropriate lines of credit, managing banking relationships, rating agency communications and investor relations:• Lead debt issuance and financing activities for the University, including $122 million in FY18. The financing included the issuance of tax-exempt debt to fund numerous critical projects for the University. Oversee all debt administration activities including debt service and reporting activities. Manage relationships with financial advisors, rating agencies, bond underwriters, bond counsel.• Oversee the Outsourced Chief Investment Officer (OCIO) and endowment investment portfolio to achieve positive results to target while maintaining spending distribution mandate and growth of portfolio. Support the University Foundation Board and Investment Committee. • Oversee all aspects of cash management including operating portfolio investments, liquidity, cash flow projections and reporting. Manage ongoing relationships with banks and financial institutions.

Responsible for the management of Trinity Health's $6.4 billion debt portfolio, $2.1 billion derivatives portfolio, $1.1 billion liquidity facilities, bank relationships, and investor relations. Also responsible for the management of Trinity Health’s centralized Cash Management Program, processing over $16 billion annually, including the development of strategies to optimize cash flow to maintain appropriate liquidity• Lead annual financing activities, including $1.3 billion in FY15 and $0.9 billion in FY16. The financings included the issuance of tax-exempt debt, taxable debt, private placements and floating rate notes. Various refunding activities that produced net present value savings were also part of the financings.• Lead MD&A activities for Treasury. Most recent transactions were the CHE merger and transition, St. Francis Care acquisition and transition, and St. Joseph Syracuse acquisition and transition. Transition activities included refinancing of the acquired organization's debt with Trinity Health debt, on-boarding into the centralized intercompany loan program and the centralized cash and investment program.• Managed investor relations function and serve as key contact for investor community• As a result of the CHE merger, lead the RFP and selection process for System-wide investment banks, financial advisor, derivatives advisor, investment consultant, custodial bank, cash concentration, and controlled disbursement and lockbox banks. • Implement new cash management and controlled disbursement bank for the System.

Responsible for development of the strategic focus of Trinity Health’s $4.8 billion Operating and Insurance investment program for the traditional, long only and long/short portfolios through leading the annual comprehensive asset/liability analysis and ongoing monitoring of investment portfolio performance; responsible for governance relationships associated with various investment programs including the Investment Subcommittee, the Venzke Self Insurance Board and Ministry Organizations:• Lead the development and implementation of annual asset liability management (ALM) study and implement any adjustments to the existing asset allocations through manager selection and due diligence• Engage senior management and Investment Subcommittee regarding investment opportunities that are strategic and goal orientated• Manage investment portfolio to achieve positive results to target• Interact with rating agencies relative to the investment program and liquidity requirements• Manage all vendor relationships associated with the investment program including investment consultants, investment managers, custodians, auditors, transition managers, and securities lending• Provide leadership and investment expertise to Ministry Organizations relative to centralized investment program and locally held foundation investments

Responsible for updating and implementing the annual five year financing plan, including the establishment of a targeted mix of fixed and variable rate debt, committed capital and liquidity facilities; responsible for managing Trinity Health’s $3.4 billion centralized debt program through the issuance of tax-exempt fixed rate debt and various floating rate securities, the integration of a $1.6 billion derivatives program and a taxable commercial paper program secured by self-liquidity:• Successful implementation of six financing plans, including the restructuring of debt and credit lines during the 2008 financial crisis, generating substantial savings each year• Established and maintained investment banking relationships to ensure that business is allocated properly• Increased capacity of taxable commercial paper program by $200 million to provide more flexibility with financing activities• Developed system-wide Bond Compliance policy and procedures and rolled out to Ministry Organizations• Developed and implemented process for 990 Schedule K forms to remain compliant with IRS requirements• Provided Treasury support for all merger, divestiture and acquisitions

Responsible for the management of Trinity Health’s centralized Cash Management Program, processing over $7 billion annually; developed strategies to optimize cash flow to maintain appropriate liquidity:• Developed and implemented a cash concentration system to ensure disbursements are paid in a timely manner and accounts are maintained at appropriate balance levels• Promoted continuous quality improvement in the cash management activity through process redesign and re-engineering to include implementation of the most technologically efficient methods of funds movement and accounting activities• Defined recommended best practice approaches and reporting procedures for local implementation of cash and investment management activities with the emphasis on internal controls, including the development of standardized policies and procedures• Established and maintained commercial banking relationships to ensure that business is allocated properly. Negotiated and reviewed bank service fees and service quality

Responsible for the development and implementation of appropriate finance systems to provide accurate and timely Purchasing and Supply Chain Management financial and operational data, including monitoring tools to track performance; monitoring and assessment of supply expense performance through the development of system-wide metrics:• Worked in collaboration with a cross-functional team consisting of Materials Management and Finance at the Ministry Organizations, Corporate Finance and Supply Chain Management to lead the development of system-wide Purchasing Policies & Procedures• Developed tracking mechanism for strategic sourcing savings and published results to key stakeholders• Provided analyses and support to the Ministry Organizations in the development of annual budgets, specifically concerning strategic sourcing savings and rebates/patronage dividends• Worked in collaboration with Information Systems, Corporate Finance and Supply Chain Management to develop business case for system-wide Supply Chain Information System, including presentations to key stakeholders, senior management, CEOs, CFOs, COOs and Governance• Developed annual operating and capital budget for Supply Chain Management and Trinity Medical Technology Services• Developed and implemented appropriate finance systems that provide accurate and timely Purchasing and Supply Chain Management financial and operational data, including monitoring tools to track performance

Progressive record of increasing responsibilities in Finance and Treasury, culminating as Financial Executive for the Manufacturing and Product Development teams. Responsible for the championing of cost reduction initiatives to achieve finance hurdles for the organization, setting investment and cost targets for programs, budget and long range plans development, and performance monitoring. Also responsible for various Treasury activities including the movement and control of Corporate funds, direction and coordination of merger, acquisition, and divestiture activities, and the administrator of multi-million dollar Foreign Exchange Hedging program.