Tim Beane Email & Phone Number

Richmond, Virginia Area

Provided support services and guidance for buying groups and other purchasing professionals including policy development, compliance, corporate responsibility, transactional services, information services, supplier diversity development and import/export activities.• Led departmental transformation from centralized to center-led model. Championed case for change, developed processes, procedures and tools enabling broader organization to efficiently procure certain goods and services. Created Purchasing Service Center for transactional services and expanded our Purchasing Card program. Outsourced lower value activities while improving service levels. Subsequent reorganization led to a 30%+ staff reduction.• Integrated purchasing functions of two acquired companies (John Middleton and U. S. Tobacco). Developed pre-closing engagement processes. Mapped work flows and procedures to drive synergy consistent with Altria processes. Improved relationships with key customer groups in manufacturing. Evaluated existing staff and retained 25%.• Revamped Altria’s supplier management infrastructure to strengthen supplier performance, compliance and risk management. Developed new procedures, tools and training for supplier managers throughout Altria. Restructured Altria’s strategic supplier designation criteria and responsibilities of their supplier managers.• Led Altria’s Supplier Diversity Development (SDD) program. Strengthened Altria’s internal champions network and expanded it into acquired companies. Consistently met diverse supplier utilization targets. Partnered with the University of Richmond’s Robins School of Business to develop an Executive Leadership program for minority CEOs. Altria twice received the Corporation of the Year award from the Virginia Minority Supplier Development Council during my tenure.• Frequent faculty member for new manager training and compliance training.

Richmond, Virginia Area

Directed the operations of Chrysalis Technologies, a Philip Morris operating company and later a subsidiary of Philip Morris USA. It focused on the development of in-house technologies for non-core applications.• Championed the entity’s creation and obtained senior management approval to create the company.• While reporting first to the COO and then CFO, led the organization for the first five years from start-up to change in mandate.• Developed the necessary infrastructure to operate as an independent operating company within Philip Morris Companies.• Excelled in compliance with corporate policies.• Negotiated several joint development agreements and four out-licensing agreements.• Successfully wound down the venture once the decision was made to reallocate resources.

Richmond, Virginia Area / New York, New York Area

Prior to leading Chrysalis Technologies, steadily progressed from MBA intern to Vice President, New Technology R&D with assignments of increasing responsibility in Business Planning, Finance, Marketing, New Business Development and Research & Development. Assignments included responsibilities for the following.• Speechwriting for senior executives.• Managing the capital appropriation approval process and the Credit department.• Creating five year business plans and competitive analyses.• Investigations of coupon fraud.• Sales Force promotional planning and trade advertising.• New business development.• New technology projects supporting product development and manufacturing.• Launching into test market the Accord electrical smoking system in Richmond, Va. And Osaka, Japan.• Responsible for organizations of up to 120 people.• Consistently managed activities on schedule and on budget.

Bachelor Of Arts (B.A.), History And Chemistry

Graduated with Honors

Master Of Business Administration (Mba), Marketing