Derek Vaughn Email & Phone Number

Scottsdale, Arizona, Us

Leads the global Product Development Finance team responsible for all R&D investment, driving growth in SaaS Bookings and Revenue across 8 main product verticals through both short- and long-range portfolio planning, and driving improvements in profitability through gross margin and cost productivity efforts. Recommends and evaluates key strategic partnerships to scale product and services reach. Key business partner to the Chief Development Officer and Chief Strategy Officer.

Santa Clara, California, Us

Oversees Central Finance organization for external reportable segment while leading 15 Finance Analysts and driving business process transformations to increase accountability and sustainability. Purview includes $3 billion in revenue, full P&L, quarterly and annual financial reporting, balance sheet items, project portfolio optimization, internal controls, risk management, internal budgeting and financial planning/goals, and external financials, as well as detailed revenue, gross margin, and spending analyses. Spearheaded data analytics, visualization, and automation improvements, utilizing real-time data to accelerate decision-making and reduce man-hours required for data gathering/auditing; led team to receive 2020 CFO Excellence AwardImplemented strategic inventory build-ahead process; re-wrote long-life inventory process, saved $900 million in lifetime costs, and freed up valuable factory space, leading team to receive 2019 Finance Achievement AwardLeveraged external benchmarking to champion more aggressive OM% goals; led to divestment of Wind River Systems, ~10ppt improvement in OM ($256 million), continued revenue growth, and receipt of 2019 Division Recognition AwardStreamlined portfolio business processes and data visualization tools to strengthen accountability and hasten decision-making; significantly reduced man-hours during annual budgeting processes, enabling redistribution of $200+ million in costsPartnered with business unit managers to drive optimized spending allocations through disciplined portfolio process; successfully maximized ROI and tracked program milestones, leading to a 10ppt improvement in operating margin

Santa Clara, California, Us

Facilitated multiple equity deals and acquisitions, including $15 billion acquisition of Mobileye (Intel's second largest acquisition); revenues tripled within 2 years of acquisition, leading to 2017 Division Recognition Award and subsequent promotionDeveloped Transportation Solution Division software pricing strategy; led to multi-million dollar design wins at major automotive companies, became largest source of software revenue in the company, and earned 2012 Finance Achievement AwardNegotiated multi-million dollar air quality monitoring system revenue share deal, earning 2015 Division Recognition AwardCreated Automated Driving Market Model ($10+ billion opportunity) while leading business model discussions spanning total portfolio; resulted in full funding for Automated Driving Solutions Group and receipt of 2016 Division Recognition AwardLed Transportation finance team and coached international teams in developing robust go-to-market strategies, including pricing, market valuation, and new business models; directly led to design wins in China and RussiaPartnered with Division VP to develop robust business plans for new market opportunities, create go-to-market strategies, and expand business from single product line to multiple product lines, serving multiple product segments

Santa Clara, California, Us

Executed sourcing strategies in support of corporate sourcing initiatives, including Intel’s top raw material spendStandardized financial framework to forecast supplier cost reductions; facilitated commitment to reduce costs by ~$150 million per annum, leading to receipt of 2011 Division Recognition AwardLeveraged make-vs-buy analysis to maximize procurement for substrates, Intel’s largest raw material spend; saved $42 million in costs per annum, leading to receipt of 2011 Finance Achievement AwardLed team in developing novel approach to assessing supply chain risk using value-at-risk methodology; framework and model enabled supply chain trade-offs, optimizing risk while reducing mitigation strategy costs by $50+ millionRecognized at 2012 Intel Manufacturing Excellence Conference; one of only 92 projects selected from a pool of 2,200

St Paul, Mn, Us

Flexible Circuits DivisionDirected production and engineering teams for $100MM flexible circuit manufacturing program. Reports included 8 engineers, 4 manufacturing supervisors, and 80 operators. Chartered and assigned Lean Manufacturing and Six Sigma projects that led to over $3MM in savings by improving yield, cycle time, cost, quality, and on-time shipments.Centralized key operations which improved operator utilization by 30%, lowered factory cost, and increased available floor space for new business by 10%.Accelerated growth by assigning engineers to develop gold processing technology which helped to attract four strategic customers in 2007.

St Paul, Mn, Us

Track & Trace RFID SolutionsManaged the production organization and provided engineering support for Radio Frequency Identification (RFID) Tag manufacturing.Improved factory costs by 4% versus previous year’s by improving automated inspection rates and by implementing a system to borrow underutilized operators from other divisions during peak months.Worked closely with division supply chain reps and sales reps to successfully maintain 100% on-time delivery and attain record high inventory turns.Headed the effort to scale-up two new RFID tags in time for the original product launch deadline.Facilitated supplier reviews for the divisions’ largest raw material spend.Created a manufacturing dashboard to track and communicate key metrics versus goals.

St Paul, Mn, Us

Track & Trace RFID SolutionsLiaised between the customer and 3M’s laboratory and manufacturing teams, collected and prioritized key customer requirements to aid in current and future product improvements.Led the software and field tech support teams and coordinated installations at key accounts

St Paul, Mn, Us

•Led Six Sigma projects that generated savings totaling over $3.5MM in various 3M manufacturing locations by focusing on process and product improvements and supply chain optimization.

Master Of Business Administration - Mba, Business Administration And Management, General

Bachelor Of Science - Bs, Electrical Engineering